[12.20 Lithium Express] China's salt lake lithium extraction technology has made a breakthrough and the output has been more than doubled. Tailisen Lithium Mine of Tianqi Lithium Industry has not been affected by the epidemic.

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[Tianqi Lithium Industry: the normal and orderly production and operation of the Tillison Lithium Mine controlled by the company's holding subsidiary TLEA] Tianqi Lithium Industry said on the investor interactive platform on December 17th that the company has been continuously paying attention to the external environment and evaluating its impact on the company's production and operation in a timely and full manner. At present, the Terlison Lithium Mine, which is controlled by the company's holding subsidiary TLEA, has normal and orderly production and operation, and the operation and management work has been carried out steadily; the commissioning of the first phase of Quinana Lithium hydroxide project is progressing smoothly in accordance with the established plan.

[the technology of lithium extraction from salt lakes in China has made a breakthrough: the output is more than doubled and the cost per ton is reduced by more than 10,000 yuan] on December 18, the China Nonferrous Metals Industry Association organized an evaluation meeting on scientific and technological achievements. The multi-component collaborative solvent extraction-water stripping clean lithium extraction technology developed by Qi Tao and Zhu Zhaowu of the Institute of process Engineering of the Chinese Academy of Sciences has successfully passed the evaluation, which provides a new way for the efficient and clean utilization of lithium resources in salt lakes with high magnesium-lithium ratio. Multi-component synergistic solvent extraction-water stripping clean lithium extraction technology the actual output of lithium carbonate in a single production line has been more than doubled, the direct production cost per ton of lithium carbonate has been reduced by more than 10,000 yuan, and the annual profit can reach hundreds of millions of yuan. It is estimated that the annual net profit of the 10,000-ton production line will reach more than 1 billion yuan.

[Guoxuan Hi-Tech: foreign wholly-owned Sun Company signed a strategic supply and localization agreement with a large listed automobile company in the United States] Guoxuan Hi-Tech announced that Guoxuan is a supplier to a large listed automobile company in the United States. In order to further deepen cooperation, the United States National Xuan and the customer recently signed a "Strategic supply and Localization Agreement". The two sides hope to reach strategic cooperation in the supply and procurement of lithium iron phosphate batteries. On the one hand, based on the needs of the customer, the company will export LFP batteries through the battery production base in mainland China; on the other hand, the two sides plan to localize the production and supply of LFP batteries in the United States and jointly explore the possibility of establishing a joint venture in the future. The above LFP battery products will be used in the customer's electric vehicles and other applications in the US and global markets. In accordance with the agreement, the United States Xuan shall ensure that the number of batteries required by the customer is met in 2023-2028 in accordance with the supply agreement signed or proposed to be signed with the customer. The customer expects the total amount of battery purchases during the demand period to be no less than 200GWh.

[Nandu Power: plans to transfer part of its subsidiary's equity to further focus on new energy energy storage, lithium and lithium recovery business] Nandu Power announcement, in order to further focus on new energy energy storage, lithium and lithium recycling business, to effectively alleviate the company's operating capital needs, it is proposed to transfer the controlling shares of the two controlling subsidiaries of the company engaged in two rounds of civil lead-acid battery business to Yadi Group. Specifically, the company intends to transfer 21% of the equity of Nandu Huayu and 21% of Changxing Nandu to Yadi Group, of which Nandu Huayu transaction price is 93.45 million yuan, Changxing Nandu transaction price is 93.45 million yuan, and the total transaction price is 93.45 million yuan. At the same time, Binzhou Bohan, a minority shareholder in Nandu Huayu and Changxing Nandu, plans to transfer its 49% stake in Nandu Huayu and Changxing Nandu to Yadi Group, of which the transaction price of Nandu Huayu is 218 million yuan and that of Changxing Nandu is 10 million yuan. The total transaction price is 218 million yuan. At the same time, the company waived the above-mentioned preemptive rights of 49% of Huayu and 49% of Changxing Nandu.

[Longchuan Science and Technology: proposed 800 million yuan new lithium iron phosphate cathode material project Ningde Times plans to give Shandong Lithium Source 350 million yuan in advance] Longyi Science and Technology announcement, in order to expand the existing lithium iron phosphate production capacity and further meet customer order demand, Changzhou Lithium Source, a holding subsidiary of the company, plans to invest about 800 million yuan to build a new "Lithium Iron Phosphate cathode material Project" in Juancheng, which is built by Shandong Lithium Source, a wholly-owned subsidiary of Changzhou Lithium Source. Ningde Times has signed a "prepayment Agreement" with Shandong Lithium Source, which stipulates that Ningde Times will underwrite the full production capacity of Shandong Lithium Source new project from the date of commissioning (expected July 2022) to December 31, 2023 (a total of about 75000 tons). In order to support the construction of the new construction project of Shandong Lithium Source, Ningde Times intends to give Shandong Lithium Source an advance of RMB 350 million for the construction capacity of Shandong Lithium Source. From the date of signing the Shandong Lithium Source production agreement to December 31, 2023, Shandong Lithium Source offers a discount of RMB 2150 per ton for the sale of lithium iron phosphate products to Ningde era.

[Chuaneng Power: signed a strategic cooperation agreement with Huayou Holdings] Chuaneng Power announced that it signed a strategic cooperation agreement with Zhejiang Huayou holding Group Co., Ltd. to cooperate in the development of mineral resources, the production of lithium salt, the long-term purchase and marketing of lithium salt, and the recycling of lithium batteries.

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