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Sichuan Yahua Industrial Group (002497.SZ): Lithium salt customers mainly include cathode material companies, battery manufacturers, and vehicle manufacturers, including well-known domestic and international enterprises such as Tesla, Panasonic, and conte
On November 22, Sichuan Yahua Industrial Group (002497.SZ) stated in investor relations that the company's lithium salt customers mainly include cathode material companies, battery manufacturers, and vehicle manufacturers, including Tesla, Panasonic, LG Energy Solution, LG Chem, SK Innovation, and Contemporary Amperex Technology. The company has established good cooperation relationships with the above-mentioned companies, laying a channel advantage for the company's future lithium salt production capacity expansion and release. Currently, the proportion of the company's overseas customers is still large, providing significant support for the selling price of lithium salt products.
Sichuan Yahua Industrial Group (002497.SZ): The Kamatibi project will reach an annual processing scale of 2.3 million tons of lithium ore next year, with a self-sufficiency rate exceeding 60%.
On November 22, 2023, according to Gelonghui, sichuan yahua industrial group (002497.SZ) stated in its investor relations that the company acquired and integrated the Kamativi lithium mine in Zimbabwe in 2022 and has been engaged in exploration, mine construction, and raw ore selection in 2023. Currently, the second phase of the mine's construction will be fully completed in November 2024 and has already been put into operation. The Kamativi project is expected to reach an annual processing scale of 2.3 million tons of lithium ore next year, with a self-sufficiency rate exceeding 60%, satisfying most of the company's current lithium salt production capacity needs. The company will also continue to expand the selection scale to 3.3 million tons/year, further increasing the company's own lithium resource capacity.
Sichuan Yahua Industrial Group (002497.SZ): has an explosive production license capacity of over 260,000 tons and an industrial detonator license capacity of nearly 90 million units.
On November 22, Gelonghui reported that sichuan yahua industrial group (002497.SZ) stated in its investor relations that the company has a licensed production capacity of over 260,000 tons for explosives, nearly 90 million units for industrial detonators, and over 0.1 billion meters for industrial detonating cords and plastic detonating tubes. The capacity scale is at the forefront of the industry, with a complete variety and specifications, and significant capacity advantages. The company will align with the industrial policy requirements for the reorganization and integration of the civilian explosives industry, utilize its own advantages in mergers and acquisitions, actively participate in industry mergers and acquisitions, expand the industry scale, and maintain its position as a leading enterprise in the industry.
Sichuan Yahua Industrial Group (002497.SZ): The construction of the first phase in the Kamativi lithium mine in Zimbabwe, Africa has been completed.
Gelonghui, November 8th. Sichuan Yahua Industrial Group (002497.SZ) stated on the investor interaction platform that the first phase of construction of the Kamativi lithium mine in Zimbabwe, Africa has been completed. The lithium concentrate has been transported back to China for production. The second phase is currently in the full-line feeding and commissioning trial stage, and is expected to be completed by 2024. In addition, the company is currently not mining any other metals.
Is Sichuan Yahua Industrial Group (SZSE:002497) A Risky Investment?
Yahua Group: Report for the third quarter of 2024
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