On November 30, local time, the first shipment of lithium concentrate from the Bougouni Lithium Mine completed loading and officially set sail from the Port of San Pedro, Côte d’Ivoire. This batch, totaling 28,950 tons, is expected to arrive at Hainan Yangpu Port in early to mid-January 2026, providing core raw materials for Hainan Mining’s lithium salt processing project.

Recently, the operational focus of the Bougouni Lithium Mine has been transporting over 30,000 tons of lithium concentrate from Bougouni in southern Mali to dedicated storage facilities at the Port of San Pedro, covering a total distance of approximately 880 kilometers. The successful completion of this transportation operation, followed by vessel loading and departure, has fully validated the feasibility and efficiency of this logistics route.

To date, the Phase I Heavy Media Separation (DMS) plant of the Bougouni project has produced over 45,000 tons of lithium concentrate, with an average lithium oxide grade of 5.39%. Preparations for subsequent shipments are also underway.

Upon arrival at Hainan Yangpu, this batch of lithium concentrate will provide a stable supply of raw materials for the continuous production of Star Sea Lithium, marking the official integration of Hainan Mining’s new energy industrial chain. Leveraging its own high-quality mine resources and advanced processing facilities, along with the policy advantages of the Hainan Free Trade Port, the company will significantly enhance the market competitiveness of its products.

Recently, Star Sea Lithium has completed the first sales of its lithium hydroxide products and is accelerating the technical transformation plan for its carbonation production line. Once the upgrade is completed, part of the lithium hydroxide crystal slurry can be used as feedstock to produce battery-grade lithium carbonate without disrupting normal lithium hydroxide production, thereby improving the flexibility of the project’s product portfolio and its gross profit margin.