Gulf Resources Receives Approval to Resume Production at Two Bromine Factories in China

Key Facts

1Gulf Resources announced it received approval from the Shouguang Municipal Government to resume production at its Factories No. 2 and No. 10.

Gulf Resources announced it received approval from the Shouguang Municipal Government to resume production at its Factories No. 2 and No. 10. According to a company statement reported by GlobeNewswire, the firm will immediately begin preparation work and facility upgrades at these bromine and crude salt production sites.

GURE closed at $2.79 on October 13, 2026, prior to the announcement. The company expects to complete test and trial production in the fourth quarter of 2026 and believes these factories will generate revenue in the first half of 2027.