China's Zangge Mining's Mamucuo Project to Start Production in Q3 2026, with Annual Lithium Output of 100,000 Tons
2026-06-17 15:38
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en.Wedoany.com Reported - China's Zangge Mining stated at its performance briefing on June 16 that the Mamucuo project is expected to commence production and enter a capacity release phase in the third quarter of 2026, with an estimated output of 20,000 to 25,000 tons this year. The Mamucuo salt lake has lithium carbonate reserves of approximately 2.17 million tons, and the overall project is planned for an annual lithium carbonate production capacity of 100,000 tons.

According to data from China's National Bureau of Statistics, the value-added output of industrial enterprises above the designated size increased by 4.5% year-on-year in May, accelerating by 0.4 percentage points from the previous month and rising 0.40% month-on-month. By sector, the mining industry saw a 2.3% year-on-year increase, manufacturing grew by 4.4%, and the production and supply of electricity, heat, gas, and water rose by 7.6%. The value-added output of the equipment manufacturing industry increased by 9.5% year-on-year, while high-tech manufacturing grew by 15.1%, accelerating by 1.2 and 2.3 percentage points respectively from the previous month. In terms of product output, 3D printing equipment, lithium-ion batteries, and industrial robots saw year-on-year increases of 54.4%, 40.0%, and 27.9%, respectively. From January to May, the value-added output of industrial enterprises above the designated size increased by 5.4% year-on-year. In May, the Manufacturing Purchasing Managers' Index stood at 50.0%, and the Business Activity Expectations Index for enterprises was 53.9%. From January to April, industrial enterprises above the designated size achieved total profits of 2,435.8 billion yuan, a year-on-year increase of 18.2%.

The Chongqing Municipal Economic and Information Technology Commission recently convened a symposium on the recycling of waste power batteries, reporting on the results of a joint municipal-level inspection of waste power battery recycling, and solicited opinions and suggestions from 16 enterprises across six categories: power battery production, new energy vehicle production, battery swap services, comprehensive utilization, new energy vehicle maintenance, and recycling and dismantling. The meeting outlined key tasks for the next phase, requiring enhanced departmental coordination and city-district collaboration, targeted measures for critical issues, and the promotion of a long-term governance system for the entire chain of recycling. It also initiated data reporting and updates for China's New Energy Vehicle Power Battery Traceability Information Platform, strictly implementing the digital ID management system for power batteries. Additionally, it called for the rational layout of recycling service outlets, dynamic updates of relevant information, the prohibition of unauthorized cascade utilization, the strengthening of regenerative utilization, and ensuring the compliant disposal of waste batteries.

Hildegard Müller, President of the German Association of the Automotive Industry, stated that the European Parliament's approval of the tariff agreement with the U.S. is a positive development, but the agreement must now be formally adopted without delay. Müller emphasized that all parties must adhere to the agreement reached last summer, and once the EU fulfills its commitments, Trump should withdraw the current tariff threats.

British Prime Minister Keir Starmer announced at the G7 summit in France that the UK has secured £1.3 billion in investments for energy and artificial intelligence projects. The investments include £1 billion from InfraVia Capital Partners SAS for battery storage and other energy projects, and £300 million from Atri Energy Transition Pvt Ltd for battery storage and advanced manufacturing. A statement from 10 Downing Street said these investments will create thousands of high-skilled jobs, support UK innovation, and strengthen the energy system.

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