Sinomine restructures lithium raw material and rare light metal sectors
2025-03-05 12:03:37 [Print]
On February 28, Sinomine announced name change and business restructuring for two wholly-owned subsidiaries as the company seeks to further optimize resource allocation and boost competitiveness.
The two subsidiaries, Jiangxi Dongpeng New Material Co., Ltd. and Jiangxi Chunpeng Lithium Co., Ltd., was respectively renamed Sinomine Resources (Jiangxi) New Materials Co., Ltd. and Sinomine Resources (Jiangxi) Lithium Co., Ltd.
Upon completion of the restructuring, Sinomine New Materials, based on its current focus cesium and rubidium, will further explore other rare light metals business opportunities, and Sinomine Lithium will integrate the existing lithium carbonate and lithium hydroxide production capacity, technology, staff and marketing teams to focus on enhancing performance of lithium battery raw materials business, in a bid to further expand global market share.
The two subsidiaries, Jiangxi Dongpeng New Material Co., Ltd. and Jiangxi Chunpeng Lithium Co., Ltd., was respectively renamed Sinomine Resources (Jiangxi) New Materials Co., Ltd. and Sinomine Resources (Jiangxi) Lithium Co., Ltd.
Upon completion of the restructuring, Sinomine New Materials, based on its current focus cesium and rubidium, will further explore other rare light metals business opportunities, and Sinomine Lithium will integrate the existing lithium carbonate and lithium hydroxide production capacity, technology, staff and marketing teams to focus on enhancing performance of lithium battery raw materials business, in a bid to further expand global market share.
Lithium Hydroxide LiOH 56.5%min, Magnets 0.0001%max FOB China
Unit:USD/kg
Chna's lithium hydroxide producers; output statistics by province by month
Unit: mt
