New progress in the Yichun No. 4 Mine license renewal: it may enter the suspension and renewal phase in May

Previously, all eight mines in Yichun were producing lithium ore using mining licenses with “ceramic clay” as the primary mining type. As Yichun’s environmental protection standards become increasingly stringent and lithium mining becomes more compliant, the eight mines in Yichun are gradually advancing the process of license renewal. Some market participants predict that the four lithium mines for which the mining rights transfer income assessment reports have been publicized may enter a suspension and license renewal phase in May, potentially leading to further tightening on the supply side of lithium ore.