In order to better implement China's "carbon peak carbon neutralization" strategy, energy transformation is the key. The direction of industry focus is to ensure energy security, optimize energy layout and optimize energy structure. New energy vehicle is not only an important direction of the transformation and upgrading of the global automobile industry, but also an important link to deal with the energy crisis. SMM expects sales of new energy vehicles to grow by 25 per cent between 2021 and 2025. At a time of increasingly fierce competition in the industry, SMM will hold the "2022 (Seventh) China International New Energy Conference" in Chengdu from April 27 to 29, 2022. Jiangxi Yongxing Special Steel New Energy Technology Co., Ltd. will be dressed up as a sponsor to help the development of the industry.
Jiangxi Yongxing Special Steel New Energy Technology Co., Ltd. (referred to as "Yongxing New Energy") is a wholly owned subsidiary of Yongxing Materials (stock code: 002756), which is located in Yifeng County, Yichun City, Jiangxi Province. At present, the company has completed the industrial chain layout from lithium ore resource selection, mining, mineral processing to battery-level lithium carbonate production. The company selected the lithium mica mining area in Yifeng County, Jiangxi Province, and built corresponding mineral processing facilities, which provided sufficient raw material guarantee for the production of battery-grade lithium carbonate and ensured the company's cost advantage in the future market competition to a certain extent.
The parent company of Yongxing New Energy Department invests in the construction of a lithium power new energy material project with an annual capacity of 30,000 tons. The first phase invests in the construction of a battery-grade lithium carbonate project with an annual capacity of 10,000 tons and a supporting investment in the construction of a concentrator with an annual production capacity of 1.2 million tons of lithium ore, which will be put into production by the end of 2019. The second phase invests in the construction of a battery-grade lithium carbonate project with an annual output of 20,000 tons, a supporting 1.8 million tons / year lithium ore high-efficiency mineral processing and comprehensive utilization project, a series of research and development projects to enhance the comprehensive value of lithium ore resources, and a technical transformation and expansion project with an annual output of 3 million tons of lithium ore in Baichi Village Huashan porcelain Mine. The first production line will be completed and put into production in the first quarter of 2022; the second production line is expected to be completed and put into production in the second quarter of 2022.
Yongxing New Energy is rich in lithium mica resources and has mastered the core technology of extracting lithium from mica, which aims to carry out a comprehensive layout in the field of lithium new energy materials and power vehicles, and speed up the localization of lithium new energy materials. to contribute to the rapid development of new energy and energy storage-related industries, promote the development and progress of human society, and create a better life.
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