Hainan website update22 Apr 2026 07:22
They've updated their website to say the following:
"lithium mining project
Malibu Guni Lithium Mine
In 2023, Hainan Mining invested US$118 million to acquire the Buguni lithium mine in Mali, Africa, entering the exploration, development, and beneficiation of spodumene. The Buguni lithium mine has 47.37 million tons of mineral resources under the JORC standard, with an average lithium oxide grade of 1.14%. The Buguni lithium mine is being developed in two phases. Phase I, which commenced production in 2025, employs heavy media beneficiation technology and has a lithium concentrate production capacity of 120,000 tons per year.
Lithium concentrate production in 2025: 45,000 tons"
http://www.hnmining.com/chanye.php?pid=28#mllk