Yongxing material: lithium electricity new energy business sells well, with an average monthly output of more than 900 tons.

SMM: on November 9, Yongxing material said in a conference call that the company's lithium new energy sales are good, with an average monthly output of more than 900t, and now the monthly production of lithium carbonate is in short supply. Yongxing material also said that the second phase of the company's lithium power new energy business project is under planning and will make some adjustments in the product structure, such as lithium hydroxide, lithium phosphate and so on. There is no clear time for the project to start, but it should move forward soon.

The following are the details of the exchange:

What is the current sales situation of lithium carbonate in the company?

The company's lithium electricity new energy sales are good, with an average monthly output of more than 900 tons, and now the monthly production of lithium carbonate is in short supply. The main customers are Xiamen Tungsten New Energy, Hunan Yuneng, CITIC Big Manganese, CITIC Guoan Gu Li and so on, all of which are the leading enterprises in various fields. In addition, the certification work of Cunninghamia lanceolata, Dangsheng Technology, long-term Lithium, Guoxuan Hi-Tech and other companies is already in progress.

Second, why does the company choose tunnel kiln?

Compared with the rotary kiln process, the company's tunnel kiln roasting process can save 15% energy, and the firing process and reaction time are longer, and the leaching rate of lithium oxide can be increased by about 5%, which can effectively reduce the cost. At the same time, after the adoption of this technology, the emissions of nitrogen oxides and fluoride are reduced, which makes it more environmentally friendly and energy-saving. In addition, the tunnel kiln process equipment has a high degree of automation, the operation of the equipment is stable, and the number of maintenance needs is greatly reduced, which is helpful to improve the production efficiency.

What are the advantages of the technical route and management mechanism of lithium carbonate in the company?

At present, the company's tunnel kiln roasting process has made progress in quality and cost, and the company's unique fluorine fixation technology ensures product quality and reduces equipment loss. in addition, the low-temperature roasting technology of composite salt, the roasting process of tunnel kiln, the one-step lithium precipitation technology, the company's good production and management experience, and the advantage of domestic reserves of lithium mica all ensure that the company's products are highly competitive in the lithium electricity market.

4. Are there any other improvements in the company's process?

At present, the company intends to cooperate with relevant research institutions to reuse by-products, improve the recovery rate and reduce costs.

Does the company have a second phase plan? Can the resources of production expansion in the later stage be guaranteed?

The second phase of the company's lithium power new energy business project is under planning, and some adjustment products will be made in the product structure, such as lithium hydroxide, lithium phosphate and so on. There is no clear time for the project to start, but it should move forward soon. Moreover, the construction time of the first phase of our project is 14 months, and the public auxiliary facilities of the second phase of the project can be shared with the first phase of the project, so the construction period is definitely shorter than that of the first phase of the project. The porcelain stone mine in Baishi mining area under the name of the company, with a mining right area of 1.87 square kilometers, has carried out detailed survey of 0.38 square kilometers, and the accumulated economic resources controlled are more than 45 million tons. The subsequent second phase of the project to expand production resources is sufficient.