HEC New Energy wins exploration right for Shixi Al-Li deposit
2024-01-15 11:55:50 [Print]
Guizhou HEC New Energy Technology Co
The company said obtaining the exploration right is a strategic move which is expected to expand its lithium battery materials industrial chain, ensure supply and reduce costs, so as to boost competitiveness and profitability.
. , Ltd . , a joint venture of Guangdong HEC Technology Holding Co . , Ltd . , has won the auction of a five-year exploration right covering an area of 17 . 127 square kilometers at Shixi polymetallic deposit containing lithium in Tongzi, Guizhou for RMB4 . 29 million (USD59 . 85 million).The company said obtaining the exploration right is a strategic move which is expected to expand its lithium battery materials industrial chain, ensure supply and reduce costs, so as to boost competitiveness and profitability.