Lakkor Tso is one of the few large-scale, high-quality lithium brine deposits in China, ranking among the top five nationwide and the top 20 globally in terms of resources. It contains large volumes of recoverable resources, with a low magnesium-to-lithium ratio of 3.32, indicating high resource quality. The brine is also rich in boron, potassium, rubidium, cesium, sodium and magnesium.
Phase 1, with an annual capacity of 20,000 tonnes of lithium salt products, has been completed and put into operation. Phase 2, with an annual capacity of 40,000 tonnes of lithium salt, is scheduled for completion and commissioning by the end of 2027. Once fully ramped up, the operation is expected to have a total production capacity of 60,000 tonnes of lithium salt products per annum.
In April 2022, Zijin Mining acquired a 70% interest in the Lakkor Tso Lithium Salar. In accordance with the Implementation Measures for the Benefit-Sharing Mechanism for the Development of Advantageous Resources in the Xizang Autonomous Region, an investment cooperation agreement was signed in April 2024. Under the new ownership structure, Zijin Mining holds a 63% interest in the operation, Xizang Geological & Mineral Group Co., Ltd. 27%, and an Ngari state-owned enterprise 10%.
Lakkor Tso is guided by the principle of ecological protection and green development, and is committed to setting the benchmark for environmentally responsible lithium extraction in Xizang. Upholding the mission of Mining for a Better Society, the operation promotes local hiring and supports local talent development through mining-related skills training for university students. It also participates in local ethnic festivals. These efforts are aimed at fulfilling its social responsibilities, contributing to rural prosperity and strengthening ties with local communities.
With a focus on green, safe, and smart operations and community wellbeing, Lakkor Tso is advancing green mining. It is striving to set the benchmark in lithium extraction, environmental protection, and integrated development with host communities, contributing to economic development and social progress in the region.