On March 13, Sundy Land Investment Co.Ltd(600077) announced that Zhejiang Songdu lithium Technology Co., Ltd. (hereinafter referred to as “Songdu lithium technology”) and tus Qingyuan (Shanghai) new material technology Co., Ltd. (hereinafter referred to as “tus Qingyuan”) signed a consortium agreement to form a consortium, Jointly participate in the implementation of Tibet Summit Resources Co.Ltd(600338) (hereinafter referred to as ” Tibet Summit Resources Co.Ltd(600338) )” equipment, operation and technical services of 50000 ton lithium carbonate salt lake lithium extraction construction project of Argentina lithium potassium Co., Ltd. “.
According to the announcement, the consortium composed of Songdu lithium and tus Qingyuan, as Party B, is responsible for providing complete sets of membrane separation and crystallization evaporation equipment for the project, packaging and transportation to the designated warehouse in China, providing guidance and installation technical services, and Franchising (including operation and maintenance) according to the agreement.
According to the announcement, Songdu lithium made advances for all contract equipment, involving the purchase amount of equipment of 1.6 billion yuan. Songdu lithium has the right to charge interest at the annual interest rate of 8% according to the amount advanced. All the advance payment and corresponding interest of the contract equipment, Tibet Summit Resources Co.Ltd(600338) shall be repaid in three installments within three years after the completion acceptance of the membrane process section of the project or within three years from March 31, 2024, whichever is earlier. At the same time, during the cooperative operation period, Tibet Summit Resources Co.Ltd(600338) shall calculate the product processing fee and operation reward every month according to the agreement and pay it to the consortium. During the cooperative operation period, the unit price of product treatment fee is tentatively RMB 19800 / ton of lithium chloride products.
