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Ganfeng Lithium said on Monday that a company that it had invested in to explore for lithium in the Xinjiang region is shutting down after finding no suitable projects to develop.
A US congressional committee last month sought an explanation from the State Department as to why it had not implemented sanctions on more Chinese officials, as well as dozens of Xinjiang-related companies, including Xinkuang Ganfeng, Ganfeng Zhongkai and Ganfeng Lithium. All Xinkuang investors filed an application to deregister the company on Sept. 27, according to a file on Qichacha.
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