【Hainan Mining Lithium Hydroxide Battery Project Expected to Start Production in the First Half of Next Year】

According to the investor relations activity record disclosed on November 21st, the company's 20,000-ton lithium hydroxide battery-grade project (Phase I) is expected to start production in the first half of 2024.

It is reported that the above-mentioned project is currently under construction, producing battery-grade monohydrate lithium hydroxide, and is expected to start production in the first half of 2024, with commercial production targets achieved in the second half of the year. The ramp-up period is estimated to be about 3 to 6 months, with an annual production and sales volume reaching approximately 18,000 to 20,000 tons after reaching full capacity.