ZANGGE MINING(SZ:000408)2025-06-26 01:32Group 1: Project Overview - The Ma Mi Cuo project is set to commence construction in Q3 2025, with a projected construction period of 9-12 months [3] - The project aims to achieve a production capacity of 50,000 tons of lithium carbonate annually, with a future expansion plan for an additional 50,000-80,000 tons [6] - The project will utilize advanced technologies, including intelligent control systems for remote operation, to reduce labor costs [4] Group 2: Financial Aspects - Resource tax is set at 5% of the sales price, while the income tax rate is estimated at 15% [3] - The project plans to recover 5,000 tons of lithium and 17,000 tons of boron as by-products in its first phase [5] - The market price for the adsorbent used in the project is currently 53,000 yuan per cubic meter, with an annual replacement rate of less than 5% [7] Group 3: Technical Innovations - The project incorporates a modified brine process to address the challenges of lithium extraction in Tibet, enhancing the efficiency of lithium recovery [3] - The target lithium recovery rate is set at a minimum of 95%, balancing efficiency and cost [7] - The project will implement cost control measures through optimized resource utilization and collaboration across the supply chain [7] Group 4: Environmental Considerations - The Ma Mi Cuo salt lake is located at an altitude of over 4,300 meters, with average temperatures ranging from -6 to 8°C, impacting production efficiency [8] - The project team has planned for maintenance during the coldest months to mitigate the effects of low temperatures on production [8] Group 5: Future Prospects - The long-term production capacity for the Ma Mi Cuo salt lake is projected to reach 100,000 tons, with additional resources from other salt lakes potentially increasing total lithium supply in Tibet to 300,000-400,000 tons [5]