Yichun Shengyuan receives mining license for lithium-containing deposit
2025-03-21 14:42:46 [Print]
Yichun Shengyuan Lithium Co., Ltd., a subsidiary of Canmax Technologies Co., Ltd., has recently obtained a mining license for lithium-containing ceramic clay in the Jinzifeng-Zuojiali Lithium-Bearing Ceramic Clay Deposit in Jiangxi.
Issued by Yichun Natural Resources Bureau, the license allows for an annual production capacity of 9 million tonnes and is valid until March 6, 2048.
This acquisition strengthens Canmax's lithium resource reserves and ensures a stable supply for the company's operations.
On November 28, 2024, Yichun Shengyuan secured the mining right for this deposit for approximately 2.51 billion yuan (346 million US dollars).
Issued by Yichun Natural Resources Bureau, the license allows for an annual production capacity of 9 million tonnes and is valid until March 6, 2048.
This acquisition strengthens Canmax's lithium resource reserves and ensures a stable supply for the company's operations.
On November 28, 2024, Yichun Shengyuan secured the mining right for this deposit for approximately 2.51 billion yuan (346 million US dollars).
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
