The joint venture will build facilities with the capability of smelting 50,000 tonnes of lithium carbonate per year, and the annual capacity of 6 million tonnes for both mining and mineral separation. The aforesaid project will involve a total investment of 2.5 billion yuan ($393.912 million) and will be worked up in two phases. The first phase will cost CNY1.5 billion (USD226.3 million) and will have an annual output of 30,000 tons of lithium carbonate once completed with construction of mining and mineral separation facilities to start as appropriate. For our 20,000 tonne plant around 150 million CATL coming too thailand. Yongxing materials have the best processing of lepidolite at the moment in China. If we can emulate them with the testing going on at BGRIMM then we on the fast track train
PAM Price at posting:
46.5¢ Sentiment: Buy Disclosure: Held
