On December 8, Dazhong Mining said on an interactive platform that the total amount of resources approved by the Ministry of Natural Resources is about 490 million tons, corresponding to about 3.24 million tons of lithium carbonate equivalent, and the design scale of open pit mining is 20 million tons/year. Combined with industry practice and company test data, it is estimated that 20 million tons of raw ore can produce about 80,000 tons of lithium carbonate every year, which has a significant scale advantage. The company obtained the Hunan Jizhoushan Lithium Mine “Mining License” issued by the Ministry of Natural Resources in October this year, which is valid for 30 years, laying the compliance foundation for the company's subsequent large-scale mining.

On December 8, Dazhong Mining said on an interactive platform that the total amount of resources approved by the Ministry of Natural Resources is about 490 million tons, corresponding to about 3.24 million tons of lithium carbonate equivalent, and the design scale of open pit mining is 20 million tons/year. Combined with industry practice and company test data, it is estimated that 20 million tons of raw ore can produce about 80,000 tons of lithium carbonate every year, which has a significant scale advantage. The company obtained the Hunan Jizhoushan Lithium Mine “Mining License” issued by the Ministry of Natural Resources in October this year, which is valid for 30 years, laying the compliance foundation for the company's subsequent large-scale mining.