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The lithium carbonate industry layout is further advancing, Hunan Corun New Energy's lithium-containing refractory mineral mining expansion is certified | Quick reading of the announcement.
① Hunan Corun New Energy's subsidiary Yichun Lithium Mine has obtained a new mining license, increasing the production capacity from 0.05 million tons/year to 0.4 million tons/year; ② Since entering the lithium battery materials market, Hunan Corun New Energy's performance has been negatively impacted by the decline in lithium prices.
Hunan Corun New Energy (600478.SH): The subsidiary Donglian Mining has obtained a new mining license.
On December 30, GELONGHUI reported that Hunan Corun New Energy (600478.SH) announced that its controlling subsidiary, Yifeng County Donglian Mineral Products Development Co., Ltd. (referred to as 'Donglian Mining'), has recently completed the change registration of the mining license for the Tong'an Ceramic Mine (referred to as 'Tong'an Mine') located in Tong'an Township, Yifeng County, and obtained a new mining license issued by the Yichun Municipal Natural Resources Bureau. The production capacity on the Tong'an Mine mining license has been changed from 0.05 million tons/year to 0.4 million tons/year.
Hunan Corun New Energy (600478.SH): will continue to strengthen the layout of the energy storage Business in 2025.
According to Glonghui on December 23, Hunan Corun New Energy (600478.SH) recently stated during an institutional investor survey that the price fluctuations in the Lithium carbonate market pose certain challenges for the company. The company owns four Lithium mines and Lithium carbonate production lines. Since 2024, the prices of Lithium carbonate have continued to decline, leading to the inability to secure expected profits for Lithium carbonate products, resulting in the Business facing cyclical tests from the Industry. However, during this market downturn, the company has actively prepared through technological innovation, cost reduction, and production capacity optimization to adequately adjust for the cyclical changes in the industry. Currently, the company has four mines.
Retail Investors Among Hunan Corun New Energy Co., Ltd.'s (SHSE:600478) Largest Stockholders and Were Hit After Last Week's 5.2% Price Drop
hunan corun new energy (600478.SH): The equivalent lithium carbonate reserves of Tong'an Mine and DANG Tian Mine are approximately 0.18 million tons.
Gelonghui, December 3 - Hunan Corun New Energy (600478.SH) stated on the investor interaction platform that among the company's four mining areas, the Tong'an mine and DANG Tian mine have completed detailed exploration work, with a total reserve of approximately 7 million tons. Considering the higher lithium element content in the company's underground ores, the reserve of the Tong'an mine and DANG Tian mine is equivalent to about 0.18 million tons of lithium carbonate. The other two mining areas are currently accelerating their detailed exploration work. In the first half of 2024, the company will complete the transition work between the old and new systems in the mining areas, with Wukong Twenty-Third Metallurgical Construction Group becoming the partner for the company's mining development. The completion of the transition work further enhances the efficiency of mining construction.
Hunan Corun New Energy (600478.SH): has conducted in-depth cooperation in the field of nickel-hydrogen fuel cells with an overseas energy storage company.
Gelonghui November 12th, hunan corun new energy (600478.SH) stated on the investor interaction platform that nickel-hydrogen fuel cells, as a new type of energy storage battery, have advantages such as long cycle life, no risk of fire or thermal runaway, flexible charging and discharging speeds, no need for regular maintenance, good performance in high and low temperature operations, low cost, no toxic substances, and 100% recyclable, etc. It can be applied to energy storage scenarios for wind power, peak shaving and frequency regulation services for power grids, and integrated energy storage for buildings, especially suitable for long-term energy storage with broad prospects. The company has had in-depth cooperation with an overseas energy storage enterprise in the field of nickel-hydrogen fuel cells, with the customer dedicated to integrating nickel
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