Sinomine's Board Members Visited DongPeng New Material Co., Ltd

Sinomine’s board members carried out a visit to Jiangxi Dongpeng New Material Co., Ltd from Dec 12^th to Dec 13^th 2021. The board members first visited the newly completed battery-grade hydroxide and carbonate lithium production line with an annual capacity of 25,000tons. And the delegation also paid a visit to the technology innovation program on fluoride lithium. The board members exchanged views on the lithium industry, resources potential and products orientation.

The 25,000tons hydroxide & carbonate lithium production line started production since August 19^th 2021. And some of its battery-grade hydroxide lithium products were sold. This production line now reached its full capacity, which will provide with stable and high-quality products. The quality of the products have been verified by the clients. Meanwhile, the fluoride lithium innovation program has been approved by the provincial Hi-tech environment bureau in this July 2021. The new project is under construction, which is expected to complete before the end of this year. By them, the production capacity of fluoride lithium will be upgraded from 3000t/year to 6000t/per. It will help Sinomine to expand its market share in the new future.