Welcome to the official website of Hainan Mining Co., Ltd.
New Energy Upstream IndustryBuilding on its foundation in iron ore and oil & gas businesses, Hainan Mining has identified the mining, selection, and processing of upstream mineral resources in the new energy industry as a key direction for transformation and upgrading within its "14th Five-Year" strategic plan.
In 2023, Hainan Mining invested 118 million USD to acquire the Bougouni lithium mine assets in Mali, Africa, which produces lithium concentrates that supply the core raw materials required for the production of the Xingzhihai lithium hydroxide project. As of 2024, the mineral resource within the mining rights area of the Bougouni lithium mine in Mali is estimated at 31.9 million tonnes under the JORC Code, with an average grade of lithium oxide of 1.06%.
Hainan Mining Lithium Hydroxide Project (Phase I) is located in Hainan Yangpu New Materials Industrial Park, with a total investment of 1.056 billion CNY, covering an area of 200 acres. The project has an annual output of 20,000 tonnes of battery-grade lithium hydroxide production line.The main products for the power battery cathode materials. The project is invested, constructed and operated by Hainan Xingzhihai New Material Co.
