Mining Information: The sale of lithium ore blocks will accelerate! Nearly 20 blocks are undergoing preliminary work



Mining Information: The sale of lithium ore blocks will accelerate! Nearly 20 blocks are undergoing preliminary work

recently Mining Rights Management Department of the Ministry of Natural Resources

On the issue of selling lithium ore blocks with high social attention


In order to fully promote a new round of breakthrough strategic actions in mineral exploration, promote the exploration and development of lithium resources, increase storage and production, and promote the high-quality development of the lithium battery new energy industry, the Ministry of Natural Resources is actively promoting the sale of lithium ore blocks, increasing the supply of lithium ore sources, and meeting market demand.

at present

Xinjiang, Sichuan, Jiangxi, Yunnan and other provinces

Nearly 20 lithium ore blocks

Actively carrying out relevant preparations for the early stage of transfer


Will be evaluated through prospecting target areas

Multiple channels such as submission by provincial natural resource management departments

Continuously expanding block sources and incorporating them into the transfer plan

According to the introduction

Lithium resources are distributed in Sichuan, Xinjiang, Jiangxi, Hunan, Yunnan, Guizhou, Hubei, Qinghai, Xizang, Inner Mongolia and other provinces (regions). In recent years, significant breakthroughs have been made in the exploration of rare metals such as lithium deposits in western Sichuan, Kunlun, Altun, Mufu Mountain, Himalayas, and other metallogenic belts in China, and good progress has been made in increasing lithium deposits.

According to national mineral resource reserves statistics, China's lithium ore reserves (converted into lithium oxide) were 4.0468 million tons in 2021 and 6.3527 million tons in 2022, an increase of 57% year-on-year. At the same time, spodumene and mica deposits are widely distributed in China, and there are over 1500 salt lakes in the country. By increasing the sales of lithium ore blocks, the potential for lithium ore exploration can be further explored; The exploration level of some lithium ore exploration rights in China is relatively low. By further strengthening geological exploration work, there is a large space for lithium ore storage.

According to the website of the Ministry of Industry and Information Technology

In 2022, the total output value of China's lithium-ion battery industry exceeded 1.2 trillion yuan, and the national production of lithium-ion batteries increased by over 130% year-on-year; The total export value of lithium batteries was 342.65 billion yuan, a year-on-year increase of 86.7%. The industrial development has driven the demand for lithium resources. According to the Lithium Industry Branch of the China Nonferrous Metals Industry Association, in 2022, China's lithium carbonate production capacity was 395000 tons (approximately 600000 tons), with a year-on-year increase of about 32.5%; The production of lithium hydroxide reached 246400 tons (with a production capacity of approximately 360000 tons), a year-on-year increase of approximately 29.5%. Experts predict that the average demand for lithium carbonate in China is expected to be 690000 tons and 1.03 million tons by 2030 and 2035, respectively.

In response to the high demand for lithium ore resources and fierce market competition in the current lithium battery industry chain, insiders believe that in the context of the rapid development of the lithium industry, despite the current downward trend in lithium prices, the long-term growth trend of the lithium market still exists. Therefore, the demand for lithium ore resources remains strong, and buyers hope to obtain potential future supply and increase their competitiveness in the market. For example, Ningde Times acquired 100% equity of Snowy Mining for 6.4 billion yuan, and two blocks, Lijiagou North Lithium Mine in Jinchuan County, Sichuan Province and Jiada Lithium Mine in Malkang City, were sold at a high premium rate, objectively reflecting the market's continued optimism towards the lithium industry.

In recent years, the Ministry of Natural Resources has attached great importance to lithium mines in mineral resource management and included them in the national mineral resource planning as strategic minerals.

In 2019, lithium mines were classified as one of the 14 minerals under ministerial level management, and the Ministry of Natural Resources was responsible for registering the transfer of mining rights.

Since 2023, the Ministry of Natural Resources has continuously increased policy supply to encourage mining investment and promote the prosperity of the mining market, striving to create a good policy environment. A series of new mining management policies have been introduced in response to transaction rules, transfer proceeds, exploration and mining registration, and multiple positive incentive measures have been taken for the development of minerals, including lithium mines, which helps to boost the confidence of mining investors, Further promoting the prosperity and sustainable development of the mining market