Jinxin Mining reports increased lithium reserves
2024-12-16 15:36:47 [Print]
Malkang Jinxin Mining Co., Ltd., a 48%-owned subsidiary of Guocheng Group, has received the mineral reserves estimate review by the Ministry of Natural Resources for Dangba spodumene deposit in Maerkang, Sichuan.
The reserves estimate for Dangba spodumene deposit increased by 33.13 million tonnes, containing 440,013 tonnes of lithium oxide (Li2O). After the Ministry's review, the total mineral reserves discovered to date for the deposit increased to 84.26 million tonnes, containing approximately 1.12 million tonnes lithium oxide, at 1.33% Li2O on average.
The company expects to further increase mineral resources at Dangba spodumene deposit as a large part of the land covered by mining claims remains unexplored.
The reserves estimate for Dangba spodumene deposit increased by 33.13 million tonnes, containing 440,013 tonnes of lithium oxide (Li2O). After the Ministry's review, the total mineral reserves discovered to date for the deposit increased to 84.26 million tonnes, containing approximately 1.12 million tonnes lithium oxide, at 1.33% Li2O on average.
The company expects to further increase mineral resources at Dangba spodumene deposit as a large part of the land covered by mining claims remains unexplored.
Lithium Hydroxide LiOH 56.5%min, Magnets 0.0001%max Delivered China
Unit:RMB/mt
China lithium cobaltate producers' inventory statistics by province by month
Unit: mt
