China’s Hainan Mining to invest $164 mln in 20,000-tpy lithium hydroxide plant

By IM Staff
Published: Wednesday, 25 August 2021

Shanghai-listed Hainan Mining says it will invest no more than 1.065 billion yuan ($164 million) for the construction of a 20,000-tonnes-per-year battery-grade lithium hydroxide plant in Dongfang Lingang Industrial Park in China’s Hainan province.

The construction of the plant is expected to take 18 months and the battery-grade lithium hydroxide it produces will supply downstream battery companies, it said on Tuesday August...

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