[2.9Lithium Express] Ganfeng Lithium Industry Mt Marion spodumene project capacity will be expanded. China Mineral Resources acquires stake in Zimbabwe Bikita Lithium Mine.

Published: Feb 9, 2022 09:53
[2.9 Lithium Express] Zhonghua Mineral Resources: proposed acquisition of stake in Zimbabwe's Bikita Lithium Mine for US $180 million The capacity of: Mt Marion spodumene project of Ganfeng Lithium Industry will be reformed and expanded. Li Tianhua Super Clean: it is proposed to raise no more than 4.6 billion yuan to invest in the construction of lithium hydroxide project. Jin Yuan Co., Ltd.: sign a strategic agreement with Shanda Qili to carry out cooperation such as recycling of waste lithium batteries Li Greenmei: comprehensively focus on the development of new energy business with ternary precursors, cobalt tetroxide and power battery recycling as the main body.

[China Mineral Resources: plans to acquire a stake in Zimbabwe's Bikita Lithium Mine for US $180 million] China Mineral Resources announcement, a wholly-owned subsidiary of Hong Kong rare Mineral Resources, intends to acquire a combined stake in Afmin100% and Amzim held by AMMS and SAMM at a benchmark consideration of US $180 million in cash. Currently, the underlying Afmin and Amzim hold a combined 74% interest in Bikita, and Bikita's main asset is the Bikita lithium project in Zimbabwe. Bikita is implementing internal restructuring and share repurchase cancellation. If the final internal restructuring is approved by the government and the share repurchase write-off is completed, the company will hold 100% equity and related claims of Bikita. Bikita lithium ore project is in the production stage, the main products are technical grade lithium feldspar concentrate and cesium garnet concentrate with high grade and low impurity.

Ganfeng Lithium Industry: Mt Marion spodumene project capacity will be technical renovation and expansion] Ganfeng Lithium Industry announcement, the company and its wholly-owned subsidiary Ganfeng International have agreed that PMI will provide the company with spodumene underwritten in the Mt Marion spodumene project, and the company will process it into lithium compound products agreed by both parties, and the company will be responsible for sales. Recently, the company was informed by RIM that the management of RIM is considering the technical transformation and expansion of the capacity of the Mt Marion spodumene project by optimizing the production process and developing contact minerals. The expansion project is initially expected to be put into production in the second half of 2022, and the original production capacity is expected to increase by 10-15%. In addition, the contact mine production capacity will be increased, and it is expected to increase the production capacity by an additional 10-15%. The specific expansion scale depends on the results of process optimization and the actual situation of contact minerals. "View details

[Tianhua ultra-clean: planning to raise no more than 4.6 billion yuan] Tianhua super-clean announcement, proposed to raise no more than 4.6 billion yuan, for Sichuan Tianhua Times Lithium Energy Co., Ltd. annual production of 60, 000 tons of battery-grade lithium hydroxide construction project, Yibin Weineng Lithium Industry Science and Technology Co., Ltd. annual output of 25000 tons of battery-grade lithium hydroxide project, acquisition of Yibin Tianyi Lithium Industry Science and Technology Co., Ltd. 7% equity and supplementary liquidity.

[Jinyuan shares: sign a strategic agreement with Shanda Qili to carry out cooperation in the recycling of waste lithium batteries] Jinyuan shares announced, signed a "strategic cooperation agreement" with Shanda Qili to expand the recycling network of waste lithium batteries in urban areas, carry out cooperation in recycling, echelon reuse and recycling of waste lithium batteries, and promote the development of waste lithium battery recycling industry.

[002340.SZ: a comprehensive focus on the development of new energy business dominated by ternary precursors, cobalt tetroxide and power battery recycling] Greenmei (Grimme) said on the investor interactive platform on February 8th that the company comprehensively focused on the development of ternary precursors, cobalt tetroxide and power battery recycling as the main new energy business. Based on the company's world-leading R & D and production capacity of high-nickel precursors, the company achieved mass production and shipment of more than 811 high-nickel cathode materials in 2018. At the same time, the company has broken through the key technologies of new generation precursors, such as quaternary precursors, ultra-high nickel and low cobalt precursors, core-shell technology precursors, the magnetic foreign body level of high nickel ternary precursors has fully reached the PPb level, and the magnetic foreign body content of mainstream products is less than 1ppb, ranking among the top quality in the world.

[Huayou Cobalt Co., Ltd.: Ruiyou Investment Company is still in the reserve stage for the early layout of lithium resources for the company.] Huayou Cobalt Industry said on the interactive platform that the Ruiyou Investment Company with shares in the company is still in the reserve stage for the early layout of lithium resources.

Related readings:

Lithium carbonate jumped 8000 yuan today! The average price of lithium hydroxide broke through the 300000 yuan mark in one fell swoop. [SMM Express]

Tianqi lithium industry post-holiday share price plunged twice! Here comes the refutation of the rumors of the two "bad attacks"!

The price of cobalt and lithium is expected to reach a new high after the Spring Festival [SMM analysis]

Positive enterprises may be forced to reduce production due to shortage of raw materials during the Spring Festival in February [SMM analysis]

Illustrating the evolution of "intermediate" to cobalt salts takes you to understand the past and present lives of cobalt salts [SMM analysis]

Zijin Mining plans to spend US $380 million to set up Lithium Plant in Argentina

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