Transfer results released for two lithium exploration rights in Xinjiang
2025-04-14 16:05:43 [Print]
Recently, Xinjiang Jijin Heyu Mining Co., Ltd. won the bidding for the lithium exploration rights of Huangcaohu and Kushuihu lithium deposits in Hetian County, Xinjiang Uygur Autonomous Region, for nearly RMB5 billion (USD685 million), compared to the starting auction price of just RMB38.46 million (5.27 million). The exploration area covers about 385 square kilometers, and the rights are granted for a period of 5 years.
In addition, BGT New Materials Technology (Beijing) Co., Ltd. won the bidding for the lithium exploration right of Tuogelake Bulake lithium deposit in Ruoqiang County, Xinjiang, for RMB1.32 million (USD180,722). This exploration right covers an area of approximately 44 square kilometers, and the right is granted for a period of 5 years.
In addition, BGT New Materials Technology (Beijing) Co., Ltd. won the bidding for the lithium exploration right of Tuogelake Bulake lithium deposit in Ruoqiang County, Xinjiang, for RMB1.32 million (USD180,722). This exploration right covers an area of approximately 44 square kilometers, and the right is granted for a period of 5 years.
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
