Rongjie's 2.5 million ton lithium ore cleaning project is highly valued by the local government and is expected to produce about 470000 tons of lithium concentrate per year after it is put into production.

SMM: recently, investors asked Rongjie about the progress of the 2.5 million-ton lithium ore selection project on the interactive platform. Rongjie shares replied that the environmental assessment of the overall planning of the Kang-Kai industrial concentration zone in Ganzi is implementing expert pre-examination opinions, and the company will pay close attention to and actively coordinate the environmental assessment work of the 2.5 million-ton lithium ore selection project.

And in its recent investor activity record sheet, Rongjie also mentioned the progress of the 2.5 million-ton lithium ore selection project, and the company said the second EIA announcement of the project would be completed in July 2022. After the approval of the environmental assessment of the overall planning of the Kang-Yi industrial concentration zone, the company will promptly declare to the environmental protection department the 2.5 million tons / year lithium ore selection project.

It is also worth mentioning that Rongjie shares also said frankly that the Ganzi prefecture government attaches great importance to and supports the construction of the company's Yuanyangba 2.5 million t / a lithium ore selection project, and has included it in the Green Modern Industrial Development Plan of the 14th five-year Plan of Ganzi Prefecture, and the project land has been implemented in early 2020. According to the original SMM query planning, the government has said that in terms of lithium resources, it should seize the opportunity of building a world-class lithium industry base in Sichuan, strengthen the green development of methyl carbide spodumene ore, build a green lithium mine base in Ganzi, vigorously develop lithium battery materials, new energy vehicles and other industries, promote the development of the whole industry chain of lithium mining, processing and application of lithium resources, and strengthen the development energy level of the lithium industry.

Rongjie said that the company currently has methyl card spodumene 134vein resources reserves have proven ore reserves of 28.995 million tons, mining depth of 4164 meters-4480 meters above sea level. When the company's existing production capacity is full, the output of lithium concentrate is about 70,000-80,000 tons / year. According to the feasibility report, after the project with an annual production capacity of 2.5 million tons of lithium concentrate is put into production, the company's annual production capacity of lithium concentrate will reach about 470000 tons, equivalent to about 60, 000 tons of lithium carbonate equivalent.

For the estimated production of lithium salt in 2022, Rongjie said that the company's existing battery-grade lithium carbonate production capacity is 3000 tons / year, lithium hydroxide capacity is 1800 tons / year. At present, the first phase of the 20,000 ton / year lithium salt project of the lithium salt plant is in trial production, and strive to meet the output and quality standards this year.

Referring to the views on the future trend of lithium salt, Rongjie shares said that from the perspective of the supply and demand of downstream lithium battery manufacturers and terminal new energy vehicles, the new energy lithium industry will still have a high degree of prosperity.

According to the spot price of SMM, the price of lithium-related products continues to rise in the near future, and the spot price of lithium metal jumped 100000 yuan to 2.884 million yuan / ton yesterday. As for lithium salt, because the price of battery-grade lithium carbonate rose too fast before, many enterprises on the demand side began to have a strong psychology of resistance, and the market game mood was strong. Under the background that most manufacturers basically completed the preparation of this month last week, the price of lithium carbonate stabilized at a high level.

"Click to order to view the spot historical price of SMM new energy products.

However, the price of lithium hydroxide, which had previously been on a par with lithium carbonate, has risen rapidly recently, with maintenance in some large factories, low industry supply and high nickel ternary orders, and the procurement demand for lithium hydroxide continues to increase. the price of battery-grade lithium hydroxide continues to rise, and it is expected that the prices of lithium carbonate and lithium hydroxide will continue to narrow in the follow-up. "View details