The rapid development of the new energy industry has made the competition for upstream raw material lithium ore more intense. Just today (May 17), Sichuan Yili Mine was in full swing. After two days of fierce competition among the bidders, as of the time of publication of Caitong News, the auction with a starting price of only 3.35 million yuan has attracted 12 entities to participate, with bids as many as 1,263 times. The latest bid has exceeded 150 million yuan, which has increased by 44 times from the starting price, and the number of onlookers has exceeded 170,000.
The secondary market also heard the news, and the lithium mine sector rose rapidly after the opening at noon today. The performance of individual stocks was very eye-catching, including Ganfeng Lithium (002460), Zangge Mining (000408), Fengyuan Shares (002805), Xianfeng Holdings (002141), etc., hit the daily limit.
As the core raw material of power batteries, the status of lithium resources has now changed from "industrial MSG" to "white oil". Since 2021, due to the rising prices of upstream raw materials such as lithium, the entire industrial chain has been stirred up and affected to this day.
SMM data shows that although the spot price of metal lithium continues to decline recently, the current lithium price is still at a high level. SMM historical prices show that since the fourth quarter of 2020, the spot price of metal lithium has begun to rise rapidly. Since the beginning of 2021, the average spot price of metal lithium has risen from 485,000 yuan to 3.015 million yuan/ton today, an increase of up to 521.65%.
Currently, lithium resources are roughly divided into two categories, one comes from lithium salt lakes, and the other is hard rock-type lithium ore. The lithium extraction in the salt lake is still on the eve of the outbreak, and hard rock-type lithium ore represented by spodumene is the mainstream choice in the market. According to the distribution of
, domestic spodumene ore is mainly distributed in Sichuan, and is concentrated in Ganzi and Aba. There are only 6 mines with mining rights, and most of them have been developed.
Sichuan Ganzi Prefecture includes Kangding Methyl Card, Decaolanba Lithium Mine and Yajiangcuola Lithium Mine. Among them, Methyl Card belongs to Rongjie Co., Ltd., and Yajiangcuola Lithium Mine prospecting rights belong to Tianqi Lithium Industry. The reason why the "Yajiang County Decailanba Lithium Mine" auction has stagnated development in recent years is purely due to the delay in historical shareholder debt issues. This is not difficult to understand why the target was so popular once it was auctioned.
auction information shows that the target of this auction is 54.2857% of the equity of Yajiang County Snowwi Mining Development Co., Ltd. (hereinafter referred to as "Yajiang Snowwi Mining") held by Chengdu Xingneng New Materials Co., Ltd. (hereinafter referred to as "Xingneng New Materials"). The civil ruling of the Chengdu Intermediate People's Court of Sichuan Province shows that after the case related to the major shareholder Xingneng New Materials was transferred to bankruptcy review, the asset appraisal agency entrusted by the court evaluated the value of 54.2857% of Yajiang Snowwi Mining. As of the end of 2018, the market value evaluation result was 1.275 billion yuan.
Yajiang Snowwi Mining was founded in 2008 and Xingneng New Materials holds a 57.1% stake in the company. Snowwi Mining has the prospecting rights of Decaolanba Lithium Mine. The Decaolanba Lithium Mine is located in the northeast of Yajiang County, Ganzi Prefecture, Sichuan Province. It belongs to the methylka spodumene mine area. The mine reserves are 18.14 million tons and the average grade is 1.34%. It is an extra-large lithium mine. The evaluation report states that the appraisal value of "detailed exploration and exploration rights of Decaolanba lithium mine and quartzite mine in Yajiang County, Sichuan Province" was 970 million yuan on the evaluation base date (June 30, 2021).
It is worth noting that in February 2020, the auction target was held in an auction. The auction information at that time showed that the appraisal price of the above equity was 1.2127 billion yuan, the total book value of assets was 205 million yuan, and the net assets were 180 million yuan. However, because "the court is under trial for the seizure and removal of the subject matter by a non-party," the auction was not held.
There is a news report showing that it is not ruled out that domestic front-line lithium salt companies and downstream power battery leaders will participate in this auction. Although it is not difficult to predict that this auction will be popular, the popularity is still beyond expectations. According to the Daily Economic News, Snowwi Mining had previously expected the equity auction price to be 50 million yuan, but it did not expect it would be more than 100 million yuan now.
This article is from Caitongshe
