Core Insights - Dazhong Mining's subsidiary has successfully passed the expert review for the mining plan of the Jiada Lithium Mine, marking a significant breakthrough in the company's lithium mining strategy [1][2] Group 1: Mining Project Details - The exploration area for the Jiada Lithium Mine is 21.2247 square kilometers, with the first mining area covering 2.056 square kilometers [1] - The approved lithium ore resource in the first mining area is 43.436 million tons, with an average grade of 1.38%, translating to approximately 148.42 thousand tons of lithium carbonate equivalent [1] - The mining plan involves underground mining with a scale of 2.6 million tons per year, which is expected to produce about 50 thousand tons of lithium carbonate annually once fully operational [1] Group 2: Technological Advancements - The Jiada Lithium Mine project has set industry records in technical aspects, following the success of the Hunan lithium project, which achieved a monthly excavation record of 1,101 meters [2] - The successful review of the mining plan further validates the company's technical integration capabilities under complex geological conditions, providing experience for large-scale development [2] Group 3: Company Overview and Strategy - Dazhong Mining's main business includes iron ore mining and processing, with a resource reserve of 690 million tons and an annual production capacity of approximately 14.8 million tons [2] - Since 2022, the company has accelerated its entry into the lithium mining sector, establishing a dual-track strategy of "traditional energy + new energy" [2] - The approval of the mining plan is a critical step in advancing the application for mining rights at the Jiada Lithium Mine, indicating significant progress in the project [2]