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BackChina Expands Jiada Lithium Mine Resource Base by 70 Per Cent
China Expands Jiada Lithium Mine Resource Base by 70 Per Cent
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SCMP Economy46 minutes agoBusiness1 min readChina

China Expands Jiada Lithium Mine Resource Base by 70 Per Cent

Total resources at the Sichuan hard-rock deposit reach 2.53 million tonnes of lithium carbonate equivalent.

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China expanded the resource base of the Jiada Lithium Mine in Sichuan province by about 70 per cent, bringing total resources to 2.53 million tonnes of lithium carbonate equivalent, according to state media and developer filings.

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Why It Matters

Lithium is an essential component in batteries for electric vehicles and energy storage.

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China has announced the expansion of the resource base for a major lithium deposit in the southwestern province of Sichuan by about 70 per cent, strengthening the country’s potential long-term supply for the metal – an essential component in the production of batteries for electric vehicles (EVs) and energy storage.

After recent detection efforts, the Jiada Lithium Mine has registered about 1.05 million tonnes of lithium carbonate equivalent in the deposit, bringing its total resources to 2.53 million tonnes, state news agency Xinhua reported on Thursday. The increase reinforces the mine’s status as a major hard-rock lithium deposit.

Dazhong Mining, the project’s developer, said in a filing that the additional resources had passed review and registration by the Ministry of Natural Resources. They comprise 33.52 million tonnes of ore containing about 423,800 tonnes of lithium oxide, with an average grade of 1.26 per cent.

The addition represents a 70.5 per cent increase from the previously registered 1.48 million tonnes of lithium carbonate equivalent, according to the filing.

Open Questions

  • When will commercial extraction of the newly added resources begin?

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This article was originally published by SCMP Economy.

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