"Tibet Mining announced on November 20th that the company has received a notification from its holding subsidiary, Tibet Zabuye Lithium High-Tech Co., Ltd. (referred to as "Tibet Zabuye"), regarding the construction progress of the Zabuye Salt Lake Green Comprehensive Development and Utilization Lithium Carbonate Project with a capacity of tens of thousands of tons (referred to as the "Zabuye Phase II Project").

The Zabuye Phase II Project adopts the "membrane separation + evaporation crystallization" process to efficiently recover lithium, potassium, and other resources from the Zabuye Salt Lake. It is designed to produce 9,600 tons of battery-grade lithium carbonate, 2,400 tons of industrial-grade lithium carbonate, with a by-product of 156,000 tons of potassium chloride and 200 tons of rubidium-cesium mixed salts annually. The project officially commenced construction in June 2022, and as of now, all equipment, pipelines, electrical cables, and instrument cables have been fully installed. Core equipment such as the nanofiltration unit, MVR unit, and potassium chloride unit have entered the stage of individual testing, and the mechanical completion of the project was achieved on November 20th. Subsequent steps will involve comprehensive debugging."