Reasons for the imminent surge and reorganization of mineral resources in China

Bijita Mine, the world's largest producer of cesium and rubidium salts, completed the production by purchasing CSF, raised the price of lithium salt products and released new capacity.

1. Acquisition of CSF, the world's largest producer of cesium and rubidium salts: Through the acquisition of CSF, China Mineral Resources has achieved deep synergy in the fields of rare light metals such as lithium, rubidium and cesium.

2. Bikita Mine Project is completed and put into operation: China mineral resources are rebuilt and expanded in Bikita Mine, and new production lines of lithium concentrate and lithium hydroxide are built.

3. Price rise of lithium salt products and release of new production capacity: It is estimated that the net profit attributable to shareholders of listed companies in the first three quarters of 2023 will be about 65.438+0.55 billion yuan to 65.438+0.65 billion yuan, an increase of about 500% to 534% year-on-year.