The Xiangyuan Lithium-rich Polymetallic Mine is a typical granite-greisen-type lithium deposit. It is one of the few large-scale, low-grade hard-rock lithium projects in China, with a significant resource base and great development potential. A 300,000 t/year pilot industrial project at the site pioneered the world’s first magnetic separation-based process for lithium extraction from zinnwaldite. Through subsequent process optimization and technological innovation, the mine has substantially improved its level of resource recovery.
Phase 1, with a processing capacity of 300,000 tonnes per annum, has been completed. Phase 2, with a planned capacity of 5 million tonnes per annum, is progressing steadily and is scheduled for commissioning in Q3 2025. In parallel, the company is developing a downstream lithium and polymetallic industrial cluster in Changjiangxu, Daoxian County. This includes a battery-grade lithium carbonate production plant, which will be completed alongside the mine’s Phase 2 processing plant, creating an integrated operation with mining, processing and metallurgical facilities.
Zijin Mining acquired a 100% interest in the Xiangyuan Lithium-rich Polymetallic Mine through two transactions in 2022 and 2023.
The project supports the development of its host communities and cultural heritage programs, contributing to the local economy and society. Local initiatives it has supported include the “Zijin Cup” Dragon Boat Race, the construction of 12 lighting facilities for the basketball court of the Simaqiao High School, the preservation of cultural businesses in the Hongtangying Ethnic Yao Township, and local agricultural programs like high-altitude tea planting.