Sinomine Resource Group Co.Ltd(002738) 5 on May 23, it was announced that the total amount of funds raised by the non-public offering of shares would not exceed 3 billion yuan. After deducting the issuance expenses, the net amount of funds raised would be invested in the 35000 ton high-purity lithium salt project of Chunpeng lithium industry, the 2 million T / a construction project of bikita lithium mine in Zimbabwe, the 1.2 million T / a reconstruction and expansion project of bikita lithium mine in Zimbabwe and supplementary working capital.
Sinomine Resource Group Co.Ltd(002738) said that the purpose of this non-public offering of shares is mainly to expand lithium salt production capacity and further improve profitability. At this stage, the company has a total lithium salt production capacity of 31000 tons / year, but there is still a certain gap compared with the leading enterprises in the industry. Through the investment and construction of this raised investment project, the company will further increase the lithium salt production capacity by 35000 tons / year. At that time, the total production capacity will reach 66000 tons / year, and the competitive advantage of the company will be further enhanced. In addition, after the completion of this raised investment project, the company will have a total lithium ore processing capacity of 3.32 million tons, so as to ensure the self-sufficiency of raw materials required for lithium salt production.
