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Yichun Contemporary Amperex Resources Limited, a subsidiary of China-based battery giant CATL, won the bid for the exploration rights to a lithium clay project in Yichun, east China’s Jiangxi province at a cost of 865 million yuan (about $135 million). In October 2021, CATL broke ground on a new lithium-ion.
[the company was put on file for investigation! Lithium mining insurance has been shut down! Material leader 2 billion "anti-killing"] on the evening of April 7, Jiangte Motor (002176) issued an announcement that it plans to work with its wholly-owned subsidiary Jiangxi Jiangte Mining Development Co., Ltd. (hereinafter referred to as: Jiangte Mining) to build an annual lithium mining and separation project with an annual production capacity of 3 million tons and an annual output of 20, 000 tons of lithium salt, with a total investment of about 2 billion yuan. At the same time, Jiangte Mining signed an investment project contract with the Yifeng county government to protect the smooth development of the project.
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