Jinyuan Ep Co.Ltd(000546) (000546) on the evening of January 5, it was announced that the company’s holding subsidiary Tibet Ali lithium source Mining Development Co., Ltd. (hereinafter referred to as “lithium source mining”) planned to invest 800 million yuan to build an 80000 ton lithium salt project in Ali, Tibet. In addition, in order to accelerate the project construction, Liyuan mining signed the strategic cooperation framework agreement with ALI administrative office of Tibet Autonomous Region.
According to the announcement, the first phase of the 80000 ton lithium salt project of the 80000 CuO Salt Lake will be started before the end of December 2021, and the site expansion test device with a capacity of 2000 tons / year will be built, so as to realize the offline production and reach the production standard by the end of May 2022; Phase II will optimize the design based on the 2000 t / a expanded test device, build a 8000-10000 T / a production device, and strive to complete the product offline and reach the production standard by the end of November 2022. The annual output value of the project is expected to be about 1.2 billion yuan.
Jinyuan Ep Co.Ltd(000546) said that the company adheres to the strategic direction of “resources + talents + technology + capital”, gives full play to the advantages of talents and funds, and plans to solidly promote the comprehensive utilization and green development of modern salt lake industry through the integration of salt lake resources in Tibet, so as to promote the good development of local economy and the revitalization of rural areas. The signing of this strategic cooperation framework agreement will help the company to promote the construction of the eighty thousand wrong Salt Lake project and accelerate the realization of the target of mass production of lithium carbonate; In addition, it is conducive to promoting the company’s strategic layout of salt lake resources in Ali Region in the future, and further improving the company’s market competitiveness and sustainable profitability.
(China Securities Journal · China Securities Network)
