Core Viewpoint - Dazhong Mining (001203) has experienced significant stock price fluctuations, attributed to its recent acquisition of a mining license for the Hunan Jijia Mountain lithium mine, which has garnered market attention due to the growing demand in the electric vehicle and energy storage sectors [1][2]. Group 1: Stock Performance and Market Reaction - Dazhong Mining's stock price increased by over 20% in three consecutive trading days, prompting the company to investigate the reasons behind this abnormal trading activity [1]. - Following the announcement of the mining license acquisition, Dazhong Mining's stock hit the daily limit up on October 29, 30, and 31, indicating strong investor interest [2]. Group 2: Mining License Acquisition - The Hunan Jijia Mountain lithium mine has a resource volume of 48,987.2 million tons, equivalent to approximately 324.43 thousand tons of lithium carbonate, with an approved open-pit mining scale of 20 million tons per year [2]. - The acquisition of the mining license is a key milestone in the company's "iron + lithium dual-drive" development strategy, expected to enhance overall profitability and sustainable development [2]. Group 3: Cost Advantages and Technological Innovations - The project benefits from integrated mining and processing, allowing for adjustments in concentrate grade and recovery rates based on market prices, significantly reducing mining costs [3]. - Dazhong Mining has developed a new lithium extraction process using sulfuric acid, achieving a lithium recovery rate of 90% and addressing environmental concerns associated with traditional methods [4]. - The new process also allows for the simultaneous recovery of valuable elements like potassium, promoting a "one mine, multiple products" approach [4].
大中矿业涉锂矿后股价暴涨 提示项目建设投产仍存不确定性