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  • Sinomine announces further rise in lithium resource at Bikita mine

    2024-04-03 11:46:16   [Print]
    Sinomine has provided an upgraded mineral resources estimate at its Bikita lithium mine in Zimbabwe.

    As of December 31, 2023, the western and eastern part of Bikita mine had lithium resource (Measured+Indicated+Inferred) of 113.352 million tonnes, containing 1.Asian Metal Copyright352 million tonnes, containing 1.Asian Metal Copyright17 million tonnes of lithium oxide at 1.Asian Metal Copyright As of December 31, 2023, the western and eastern part of Bikita mine had lithium resource Measured+Indicated+Inferred of 113.Asian Metal Copyright03% Li2O (2.Asian Metal Copyright The latest estimate does not include resources that are already exploited.Asian Metal Copyright88 million tonnes of LCE), an increase of 47.Asian Metal Copyright .Asian Metal Copyright93 million tonnes (1.Asian Metal Copyright As of December 31, 2023, the western and eastern part of Bikita mine had lithium resource Measured+Indicated+Inferred of 113.Asian Metal Copyright05 million tonnes of LCE) from the previous estimate upgrade.Asian Metal Copyright As of December 31, 2023, the western and eastern part of Bikita mine had lithium resource Measured+Indicated+Inferred of 113.Asian Metal Copyright The latest estimate does not include resources that are already exploited.

    This is the third resource increase for Bikita mine announced by Sinomine after acquiring the lithium mine in 2022, which further boosts confidence in a stable and sustainable supply of lithium ore for Sinomine's lithium battery materials business.

    .Asian Metal Copyright As of December 31, 2023, the western and eastern part of Bikita mine had lithium resource Measured+Indicated+Inferred of 113Asian Metal Copyright
    Lithium Carbonate 99.2%min Delivered China
    Unit:RMB/mt
    China lithium cobaltate producers' inventory to production ratio statistics by province by month
    Unit: %
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