Mr. HA, Frank Chun Shing, Director & President of Tianqi Lithium Co., Ltd., led the company's management team to Ganzi Prefecture, Sichuan Province, and made a field investigation into the Cuola spodumene mine in Yajiang County on September 25, 2021. The mine is located in the west section of the largest Asian methyl spodumene mine, of which the wholly-owned subsidiary Shenghe Lithium owns the mining right. The ore volume of the mine is about 19.714 million tons, and the ore grade is expected to average about 1.3% lithium oxide, equivalent to about 255,700 tons of lithium oxide and about 630,000 tons of lithium carbonate. These are all solid and necessary resources for the company.

A photo of the inspection team at Yajiang Cuola spodumene mine

After the arrival, the company leaders first gave cordial greetings and heartfelt thanks to colleagues who have been working in the mine for a long time. Mr. HA then led them to inspect the mine’s geographical environment, and listened to field personnel talk about the equipment and facilities, mining process, early development and planning of the mine.

Tianqi management sent presents to colleagues in the mining area

According to Mr. HA, cuola spodumene mine in Yajiang is an important reserve of Tianqi and is key to the company’s development. Making full use of its abundant resources and advantageous location, and combining such factors as the company’s strategy, capital liquidity, project feasibility, we should formulate a development scheme in a comprehensive and feasible manner. Meanwhile, we should also uphold the goal of "Being safe, highly efficient and environment-friendly”. To achieve this, we need to focus on ecological restoration at various stages and biodiversity protection by building green mines to provide high-quality resource for the company's future production capacity improvement．

A Solid Reserve--Cuola Spodumene Mine in Yajiang, Sichuan