Hainan Mining announced that the company signed a spodumene underwriting agreement with LMLB, a wholly-owned subsidiary of the holding subsidiary Kodal Mining UK. According to the agreement, from January 1, 2026, all spodumene produced by LMLB in the first phase of the Buguni lithium project will be sold to Hainan Mining. The agreement uses a reserve price mechanism, and the annual end price is the official price agreed by the two parties. The signing of this agreement is an important step for the company to continue implementing the integrated industrial layout of lithium ore mining and lithium salt processing businesses, and will enhance the company's competitiveness and influence in the new energy industry.

Hainan Mining announced that the company signed a spodumene underwriting agreement with LMLB, a wholly-owned subsidiary of the holding subsidiary Kodal Mining UK. According to the agreement, from January 1, 2026, all spodumene produced by LMLB in the first phase of the Buguni lithium project will be sold to Hainan Mining. The agreement uses a reserve price mechanism, and the annual end price is the official price agreed by the two parties. The signing of this agreement is an important step for the company to continue implementing the integrated industrial layout of lithium ore mining and lithium salt processing businesses, and will enhance the company's competitiveness and influence in the new energy industry.