Jiangxi Special Electric Motor to invest in lithium ore mining and dressing and lithium salt project
2022-04-08 14:49:41 [Print]
Jiangxi Special Electric Motor announced on April 7 that in order to support the company to acquire the mining rights of Xikeng lithium mines, the company and its wholly-owned subsidiary Jiangxi Special Mining will invest in the 3 million tons per year lithium ore mining and dressing project and the 20,000tpy lithium salt project, with a total investment of RMB2 billion (USD314 million)
. Meanwhile, Jiangxi Special Mining planned to sign an investment project contract with Yifeng People's Government to jointly promote the construction of the project.