Lithium concentrate powder

　　The company is a wholly-owned subsidiary of Hongjing Group, Liaoning Province. It separates spodumene concentrate. The production plant is located in Gangtun Town, Lianshan District, Huludao City, with a total investment of about 100 million yuan, covering an area of 12,500 square meters and a total building area of 10,000 square meters. The capacity of treating spodumene ore is 3000 t/d (about 1000000 t/a) and 200000 t/a lithium concentrate. It is estimated that annual sales revenue will be 8.8 billion yuan and tax payment will be 200 million yuan.

　　Lithium concentrate is the main material for the production of lithium carbonate and lithium hydroxide, both of which are important raw materials for the production of lithium batteries. Among them, lithium carbonate will be used as cathode material and electrolyte for lithium batteries, and lithium carbonate will also be used as cathode material if lithium titanate is used as negative material. Lithium hydroxide is mainly used in the production of lithium salts and lithium-based grease, alkaline battery electrolyte, lithium bromide refrigerant absorption liquid, etc.

　　There are about 120 employees in the enterprise. At present, the project is in the early stage of preparation and construction, and trial production is planned to begin in August 2018.

Liaoning Hongjing Trading Co., Ltd.

May 15, 2018