China discovers significant source of lithium ores

Time:2024-01-22 14:14:42      Source:Xinhuanet.com

China has discovered nearly one million tonnes of lithium ores in Yajiang, southwest China's Sichuan Province, and this is now proven to be Asia's largest source of pegmatite-type monomeric lithium ores, according to the Ministry of Natural Resources on Wednesday.

Lithium is a soft and silver-white alkali metal with the atomic number 3. It is known for its unique properties, such as being the lightest metal, having the highest electrochemical potential, and being highly reactive with water.

As a "green energy metal of the 21st century," lithium is of great significance for efforts aimed at achieving carbon neutrality. It is also a critical element in the production of electric vehicles, lithium-ion batteries and solar batteries.

The ministry will continuously promote the availability and utilization of lithium mining lots, increase the supply of lithium ore, and spur the development of the lithium mining market, an official with the ministry said.

Lithium ores are typically found in countries such as Argentina, Bolivia, Chile, Australia, China and the United States, which are all major producers of lithium.

 

Index RMB/t DoD Basis Date
Datong 5500 450 0 ex-mine 06-16
Shuozhou 5200 435 0 FOR 06-16
Ordos 5500 415 0 ex-mine 06-16
Yulin 6200 535 0 ex-mine 06-16
Liulin Low-sulphur 560 -10 ex-mine 06-16
Gujiao Low-sulphur 1095 0 FOR 06-16
Xingtai Low-sulphur 1210 0 ex-Factory 06-16
Yangquan PCI 770 0 FOR 06-16
Index RMB/t WoW WoW% Date
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