Mineral Resources Development
Resource development
Battery materials
Secondary batteries
Phase 1 | Securing a 60% stake with a total investment of $60 million |
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Phase 2 | Demolition of existing old production facilities and factory renovation |
Phase 3 | Installation and commissioning of tungsten separation facilities Conversion of lithium exploration rights to development rights |
Phase 4 | Achieving materialized sales of tungsten in 2024 |
Phase 5 | Expansion of mining facilities and acceleration of vertical integration with lithium sales |
Phase 1 | Conclusion of investment contract and securing 50% stake (expected to eventually be 60%) |
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Phase 2 | Basic exploration (January 2023 ~ June 2023) |
Phase 3 | Drilling exploration (July 2023 ~ ) |
Phase 4 | Preparation of feasibility study |
Phase 5 | Commercial operation of lithium mining and separation facilities |