Welcome to the official website of Hainan Mining.
On the basis of iron ore and oil and gas business, we planning the new energy industry upstream mineral resources extraction and processing business as an important direction of transformation and upgrading.
In December 2022, Hainan Mining lithium hydroxide project in Hainan Yangpu new materials industrial park officially started, the project total investment of 1.056 billion yuan, will build a 20,000-ton annual output of battery-grade lithium hydroxide production line, for the new energy downstream industry to provide core raw materials.
The project is constructed and operated by Hainan Xingzhihai, which is a wholly owned subsidiary of Hainan Mining.The project expected to be completed and put into operation in the first half of 2024.
In order to guarantee the supply of lithium ore required for the lithium hydroxide project, Hainan Mining invested USD 118 million to obtain the assets of Bougouni lithium mine in Mali, Africa in 2023, to build an integrated industrial chain of upstream resources and lithium salt processing for new energy industry.
Bougouni lithium mine has a total ore resource of 21.31 million tons, with an average lithium oxide grade of 1.11%, and has already obtained formal environmental approval and a mining license by the end of 2021.
