Ganfeng’s Chairman earlier this year visited Xinjiang, where activists say Uyghurs and other Muslim citizens have been subjected to forced labor.

Company said short seller J Capital Research's report criticising partner Lilac Solutions Inc's extraction technology had "inaccurate assertions" and pertained to the wrong process.

Several challenges are standing in the way of widespread FCEV adoption.

Developers of battery metals projects can win support from the US government as it seeks to counter the dominance of China in clean-technology supply chains.

The performance suggests investors remain wary of putting money into newly listed stocks in Hong Kong.