[Jiangte Motor: Obtain Mining License]
Jiangte Motor announced that the company recently received the Mining License issued by the Ministry of Natural Resources of the People's Republic of China. The mining area covered by the Xi Keng Lithium Mine license is 1.3826 square kilometers. If the average grade of Li2O is calculated at 0.44%, the ore resource reserve is 72.93 million tons; if the average grade of Li2O is calculated at 0.39%, the ore resource reserve reaches 126.67 million tons, making it a large lithium mine.
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