CHINA WILL BE VERY MUCH SHORT IN LITHIUM, page-65

First 65 Last

Share
Profile

Follow
dazaliam

6,935 Posts.

2226

27/05/25

16:52

Post #: 79208415
Share
Originally posted by sabine ↑

Thanks dazaliam, it’s refreshing to get it straight from source rather than having someone say they know all about it and then down ramp it.
But it IS the same mine anatoly was talking about isn’t it?
He just hasn't followed developments?
s ..

Anyway I asked ChatGPT to tell me more, including most recent information and about the expected economics
It said it’s going to be important:

Annual Output Value:
¥2.3 billion → ~USD 322 million

Net Profit:
¥1.1 billion → ~USD 154 million

Annual Tax Revenue:
¥900 million → ~USD 126 million

Cheers

CHATGPT SUMMARY:

As of late May 2025, the Weilasituo (also known as Velasto) lithium-polymetallic mine in Hexigten Banner, Chifeng City, Inner Mongolia, has achieved significant milestones and is progressing rapidly.

️ Project Status & Timeline

Mining License Granted: On April 21, 2025, the Ministry of Natural Resources officially approved the mining license for the Weilasituo Li-Sn polymetallic mine, marking a pivotal step in its development.

Integrated Lithium Project Initiation: Construction of an integrated lithium project at the Weilasituo site is underway, with operations expected to commence by the end of 2025.

Resource Estimates

Proven Reserves: The mine boasts approximately 55.27 million tonnes of ore, containing 576,000 tonnes of lithium oxide (Li₂O) and 122,000 tonnes of tin.

Expanded Estimates: Recent exploration has identified a total ore volume of about 280 million tonnes, with a lithium oxide metal content of 1.9 million tonnes and an average grade of 0.65%.

Production & Economic Impact

Mining Capacity: The upstream project is designed to process 8,000 tonnes of lithium ore daily.

Annual Output: Upon reaching full production, the integrated project aims to produce:

50,000 tonnes of spodumene concentrate (lithium carbonate equivalent)

520,000 tonnes of lithium iron phosphate cathode materials

1.76 tonnes of anode materials

30,000 tonnes of electrolytes

1.5 billion square meters of separators

29 GWh of batteries

Economic Projections: The project is expected to generate an annual output value exceeding CNY 2.3 billion, with net profits of CNY 1.1 billion and tax revenues of CNY 900 million.

Strategic Significance

The development of the Weilasituo mine is a cornerstone in Inner Mongolia’s strategy to establish a comprehensive lithium industry chain. By 2025, the region aims to achieve:

A lithium concentrate production capacity of 50,000 tonnes per year

An output value of the lithium industry chain reaching CNY 70 billion

This initiative positions Inner Mongolia as a critical hub in China’s efforts to secure and expand its new energy resources.

Expand

Yes but every metric has changed and he's using outdated info to downramp. It has the potential to be greater than KV.
LTR Price at posting: 64.0¢ Sentiment: Sell Disclosure: Not Held
4 Upvote

1 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

RMX

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

PAR

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

First 65 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 73.3¢		Change 0.033(4.64%)		Mkt cap ! $1.785B

Open	High	Low	Value	Volume
71.5¢	74.5¢	71.0¢	$5.717M	7.838M

Buyers (Bids)

No.	Vol.	Price($)
32	114142	73.0¢

Sellers (Offers)

Price($)	Vol.	No.
73.5¢	149592	15

View Market Depth

No.	Vol.	Price($)
27	105872	0.730
20	381576	0.725
25	417422	0.720
16	1145606	0.715
11	239779	0.710

Price($)	Vol.	No.
0.735	87109	8
0.740	673724	33
0.745	485901	22
0.750	883249	40
0.755	60900	6

Last trade - 13.33pm 27/06/2025 (20 minute delay)

LTR (ASX) Chart

CHINA WILL BE VERY MUCH SHORT IN LITHIUM, page-65

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Australia’s gas crisis is here – and dying coal plants aren’t helping

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

CHINA WILL BE VERY MUCH SHORT IN LITHIUM, page-65

Top Stories

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Australia’s gas crisis is here – and dying coal plants aren’t helping

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News