Huayou Cobalt plans to acquire 100% stake in Prospect Lithium Mining Company for US $422 million | Jiangte Motor refines its main product lithium mica by mining its own lithium ceramsite.

SMM survey: what kind of metal do you like most in 2022?

[Huayou Cobalt Industry: plans to acquire 100% stake in Prospect Lithium Mining Company for US $422 million] Huayou Cobalt Industry announcement, through its subsidiary Huayou International Mining, intends to acquire 87% of Zimbabwe Prospect Lithium Mining Company held by PMPL, a wholly owned subsidiary of Australian listed company Prospect Company, and the related claims of Prospect Company against Prospect Lithium Mining Company under the Inter-Company loan Agreement. At the same time, the company also plans to acquire 6 per cent of Prospect Lithium held by natural person Kingston Kajese and 7 per cent of Prospect Lithium held by Tamari Trust family trust for $44.2447 million through Huayou International Mining. The total value of the deal is US $422 million, and upon completion of the acquisition, Huayou International Mining will hold a 100% stake in Prospect Lithium Mining and related claims under the Inter-Company loan Agreement. Prospect Lithium Mine owns 100% interest in Arcadia Lithium Mine in Zimbabwe.

[Sinopec Science and Technology: plans to invest 2.303 billion yuan to build a special wet diaphragm production line for lithium battery] Sinopec Science and Technology announcement, Inner Mongolia Zhongli plans to invest 2.303 billion yuan to build a "special wet diaphragm production line project with an annual output of 720 million square meters for lithium battery" in Hohhot, Inner Mongolia Autonomous region. Taibo Zoucheng plans to invest 980 million yuan in Zoucheng City, Shandong Province to build a cold repair and renovation project for the wire drawing production line of an alkali-free glass fiber tank kiln with an annual output of 120000 tons. South Glass Co., Ltd. plans to set up Suqian Company in Suqian City, Jiangsu Province with an investment of 150 million yuan and invest in the construction of an annual production line of 12000 tons of glass fiber filter paper and a production line of 4000 tons of high silica glass fiber products.

[Jiangte Motor: the company extracts the main product lithium mica from lithium porcelain stone by mining its own lithium porcelain stone and extracts feldspar powder, tantalum and niobium and other by-products] Jiangte Motor said on the investor interactive platform on December 21 that by mining its own lithium porcelain stone, the company extracted the main product lithium mica from lithium porcelain stone, and extracted feldspar powder, tantalum and niobium and other by-products, realizing the comprehensive utilization of lithium mining and separation. Lithium mica is the main raw material for the preparation of lithium carbonate, which is deeply processed by the company. Feldspar powder is an important material for manufacturing ceramics and glass. Tantalum and niobium are used in national defense, aerospace, electronic computers and other fields. Feldspar powder and tantalum-niobium are sold by the company.

[Yuntu Holdings: the construction of the new base of the company's battery-grade iron phosphate project is in progress in an orderly manner] Yuntu Holdings said on the interactive platform that the construction of the new base of the company's battery-grade iron phosphate project is being carried out in an orderly manner. At present, the project has completed the filing of the project and the preparation of the feasibility study report, and is promoting the preliminary approval work such as safety assessment, environmental assessment, and energy assessment.

[Jiangsu Cathay Pacific: Poland Huarong new Prusice 40,000t / year lithium-ion power battery electrolyte project is currently in the equipment commissioning and acceptance stage] Jiangsu Cathay Pacific (002091.SZ) said on the investor interactive platform on December 22nd, 1. Poland Huarong new Prusice 40,000t / year lithium-ion power battery electrolyte project is currently in the equipment commissioning and acceptance stage. 2. Jiangsu Ruitai New Energy Materials Co., Ltd., a holding subsidiary, has signed a "Cooperation Framework Agreement" with Jiangsu Xintai material Technology Co., Ltd., Ningde New Energy Technology Co., Ltd., and established Jiangsu Teri Lianteng material Technology Co., Ltd. at present, the project is in progress.

[Sibao Technology: the field of cooperation with Ningde era is mainly to improve the safety and efficiency of lithium battery (package) new materials are still in the stage of product evaluation and technology exchange between the two sides] Sibao Technology said on the interactive platform that the company signed a "framework cooperation agreement" with Ningde Times in August 2021, mainly in the area of new materials to improve the safety and efficiency of lithium battery (package). At present, it is still in the stage of product evaluation and technical exchange between the two sides, and the company is actively promoting the progress of project cooperation.