Name of the Mine
Xiangyuan mine. 

Location  
Daoxian County, Yongzhou, Hunan province, China.

Mine Owner/s  
Global metals and mining company Zijin Mining Group.

Brief Description  
The hard-rock lithium-containing polymetallic mine is one of the few large-scale, low-grade hard-rock lithium operations in China, with a significant resource base and great development potential.

Brief History  
The project was originally developed as a tin-, tungsten- and rubidium-focused polymetallic mine, with lithium treated as an associated mineral. As the higher-grade tin and tungsten resources neared depletion, mining was suspended. In June 2022, Zijin announced the acquisition of 71.14% of Houdao Mining, which held 100% of the Xiangyuan mining right, and later completed a second transaction so that it held 100% of the mine. 

Primary Metals/Minerals  
Lithium.

Secondary Metals/Minerals  
Tin, tungsten, rubidium, and cesium.

Geology/Mineralisation  
Xiangyuan is Greisen-type low-grade lithium-containing polymetallic deposit.

Reserves  
Total proven and probable mineral reserves as at December 31, 2025, were stated at one-million tonnes grading 1.11% lithium carbonate equivalent.

Resources  
The mine comprises total mineral resources of 1.43-million tonnes grading 1.06% lithium carbonate equivalent.

Type of Mine
Openpit.

Mining Method  
The mine uses gravity and high-intensity magnetic separation and flotation to recover lithium product.

Major Infrastructure/Equipment  
The mine includes a five-million-tonne-a-year processing operation and a supporting battery grade lithium carbonate refinery.

Prospects  
The five-million-tonne-a-year mining and processing project and the supporting battery-grade lithium carbonate smelting plant was completed and started production at the end of 2025. After reaching designated production, the mine will be able to produce 30 000 t/y of battery-grade lithium carbonate.

Contact Details 
Zijin Mining Group
Tel +86 0597 3833105
Email zjky@zjky.cn
Website https://www.zijinmining.com/

https://www.hkexnews.hk/listedco/listconews/sehk/2026/0322/2026032200055.pdf