Major News in the Lithium Industry! Four Lithium Mines in Yichun Publicize Mining Right Transfer Income Assessment Reports

Recently, the official website of the Jiangxi Provincial Department of Natural Resources showed that four lithium mines in Yichun have publicized their mining right transfer income assessment reports.

Previously, all eight mines in Yichun produced lithium ore under mining permits with "porcelain clay" as the primary mineral. As environmental protection requirements in Yichun become increasingly strict and lithium production becomes more compliant, the eight mines in Yichun are successively advancing the permit renewal process. Market participants expect that the four lithium mines whose assessment reports have been publicized may enter a production suspension and renewal phase in May, at which time the lithium supply side could further tighten.

Among the four mines in Yichun that have publicized their mining right transfer income assessment reports, two are associated with listed companies, including one under Jiuling Lithium. According to Tianyancha, the mining right holder of the Baishihuashan Porcelain Stone Mine in Huaqiao Township, Yifeng County—Yifeng County Huaqiao Mining Co., Ltd.—is indirectly controlled by the listed company YONGXING MATERIALS. (Shanghai Securities News)