China Mineral Resources: at present, the company's LiF production capacity is 3000 tons / year, lithium carbonate production capacity is 6000 tons / year.

Published: Dec 17, 2020 17:06

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SMM12, March 17: prior to this, China Mineral Resources said that battery-grade LiF was sold to Morita Chemical in Japan, becoming a member of Tesla's supply chain system, and providing lithium fluoride products for leading domestic enterprises such as Yan'an Bikang, Tianji shares, Shanshan shares, Taurus Power and other domestic lithium hexafluorophosphate and electrolyte enterprises.

Recently, China Mineral Resources said that the company currently has an annual production capacity of 3000 tons of LiF and 6000 tons of lithium carbonate, and is actively building a new production line with an annual production capacity of 15000 tons of battery-grade lithium hydroxide and 10, 000 tons of battery-grade lithium carbonate. The company's lithium salt business has a good market reputation, and the main customer of battery-grade LiF is Morita Chemical of Japan, thus entering Tesla's global supply chain system.

Revenue in the first three quarters of 2020 was about 823 million yuan, down 3.50 percent from the same period last year; net profit was about 101 million yuan, down 20.47 percent from the same period last year; and basic earnings per share was 0.3617 yuan, down 23.88 percent from the same period last year.

Medium ore resources lithium carbonate production capacity

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