Stock code:002738

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   Funded in 1999, Sinomine Resource Group is originated from the former China Nonferrous Metal Corporation. Today’s Sinomine has developed into a global mining group with a comprehensive resource industrial chain. Our main business and operation cover four segments, rare light mineral (cesium, and rubidium) resources development & utilization, EV lithium material development & utilization, geo-technical services and mineral properties development. Sinomine is the world's largest producer and supplier of cesium and rubidium products, the leading producer and supplier of EV lithium fluoride and lithium carbonate in China, the world only producer of cesium formate, and the key player in overseas geo-technical services. Following the “Belt & Road" initiative, Sinomine has been vigorously exploring the international market, and participating in global resource allocation. Sinomine owns 104 major high-quality mineral properties in different places in the world, covering cesium, lithium, copper, and cobalt, gold, silver, chrome, tantalum, beryllium, etc. Sinomine’s business covers more than 40 countries in the world, like Canada, US, UK, Norway, Zambia, Congo (DRC), Zimbabwe, Uganda, Indonesia, Malaysia and other regions in Asia, Africa, Europe, America, and Oceania.

Business

Business Overview

  • Rare & Light Mineral Development and Application

  • EV-lithium Material Development and Utilization

  • Geo-tech Services & Mining Property Development

  • Others

Rare & Light Mineral Development and Application

Sinomine is the world’s leading enterprise that has a complete chain of producing and supplying FCC and Rubidium fine chemical products. It is able to develop, process and supply FCC and provide relevant technical services. The Company owns the world’s major high quality pollucite resources, i.e. Tanco Mine in Canada, Bikita Mine in Zimbabwe, the two global major production bases (Winnipeg in C.A. and Xinyu in Jiangxi Province of PRC) and one Cesium Formate recycle base (Aberdeen in UK and Bergen in Norway), which provides diversified products and technical support for high-quality enterprises in various industries. The company has formed a complete cesium business industry chain, covering cesium garnet mining, processing, fine chemicals and end consumer markets. The company's leading cesium salt processing technology and exquisite craftsmanship have formed a wide range of cesium salt products, including cesium carbonate, cesium sulfate, cesium nitrate, cesium hydroxide, cesium iodide and cesium formate, etc. Has many high-quality customer resources.
Sinomine is the only producer and supplier of cesium formate in the world. Cesium formate is mainly used in oil & gas industry as drilling fluid or completion fluid in the high temperature and high pressure drilling program. Cesium formate is featured by high solubility, low viscosity, no solid phase, good thermal stability, high temperature resistance, non-corrosiveness, biodegradability, and no pollution to the environment. Compared with traditional drilling fluid, cesium formate can greatly improve the oil production rate and drilling efficiency, reduce the friction coefficient and risk of sticking. And it is corrosion resistant and ]environment friendly, which has huge potential in application in varied fields.
The rubidium brine produced by the Company uses rubidium in pollucite after acid leaching. The rubidium is separated by extraction and processed into high-purity rubidium brine. It is one of Sinomine’s patents. The company is the main supplier of rubidium salt products in the world, and has won the trust and recognitions in the field.

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Rare & Light Mineral Development and Application

EV-lithium Material Development and Utilization

The company has an annual production capacity of 25,000 tons of battery-grade lithium hydroxide and battery-grade lithium carbonate. Battery-grade lithium hydroxide and battery-grade lithium carbonate are mainly used to prepare lithium iron phosphate, lithium cobaltate, lithium manganate and ternary materials. It can also be used in the nuclear industry, high-grade alloys, special glass and rear-projection color TVs and other industries.
The company has an annual production capacity of 6,000 tons of battery-grade lithium fluoride. Battery-grade lithium fluoride is an important raw material for preparing lithium-ion batteries. The battery-grade lithium fluoride produced by the company is the first invention in the industry and has obtained an invention patent. This process has the characteristics of high recovery rate, low cost, coarse product particle size, uniform particle size, high purity and easy drying. The company occupies a relatively high market share in China's lithium fluoride market and has successfully entered Tesla's supply chain system.

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EV-lithium Material Development and Utilization

Geo-tech Services & Mining Property Development

The Company has a professional and experienced team, which has been dedicated in oversea geological exploration for over 20 years. The company is familiar with national and international geological exploration standards and specifications. It has successfully completed several influential oversea geo-technical service projects. Our business is located in over 20 different countries in Africa, Asia, Europe. It also has provides resource evaluation on several international financing projects, which not only reduced the risks in resource investment but also served as basis for decision making.
The company is familiar with national and international geological exploration standards and specifications. We have provided customers with more than 100 geological exploration reports. We have evaluated over 5 billion tons of iron resources, 100 million tons of bauxite, 30 million tons of copper, 5 million tons of nickel, 5 million tons of chromium, 3 million tons of cobalt, 3 million tons of lead and zinc, 3 million tons of molybdenum, 1,000 tons of platinum and palladium, and 100 tons of gold, with over 5 trillion RMB potential economic value.

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Geo-tech Services & Mining Property Development

Others

The company gives full play to its brand advantages in the countries along the “Belt & Road”. Relying on Sinomine’s overseas branches, it develops its trade network in the field of mineral products, namely as lithium, cesium, chromium, beryllium, tantalum and other. It not only provides specific ores as per request by the clients but also connect upstream and downstream.

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