Yahua Group achieved a year-on-year increase of 161% and 627% in the production and sales volumes

On March 1st, Yahua Group stated that, by securing long-term orders from top domestic and international enterprises such as Tesla, CATL, and LG Chem, Yahua Group achieved a year-on-year increase of 161% and 627% in the production and sales volumes of lithium salts in January, respectively. Once fully operational, the Phase One and Phase Two projects in Zimbabwe are expected to produce approximately 350,000 tons of lithium concentrate. Concurrently, Yahua's lithium ore procurement model will shift from relying on purchased ore to a combination of self-mined ore and purchased ore, which is expected to significantly alleviate the cost pressure on lithium salts.