Commodities
Namibia Investigates China’s Xinfeng for Alleged Illegal Mining
- Mines ministry orders half of all the firm’s mining operations
- Case referred to local police; company admits exceeding scope
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Namibia’s Ministry of Mines and Energy is investigating Xinfeng Investments (Pty) Ltd. for alleged illegal mining in the lithium-rich Erongo region.
The ministry is accusing the company, which has an exclusive prospecting license through its joint venture with Orange River Exploration and Mining CC, of exceeding the scope of its permit by conducting unauthorized extraction of lithium, the department said in a statement Wednesday.