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Jiayou International announced that the company signed a “Burundian Lithium Mining Cooperation Agreement” with the Burundian national mining company SONALEK MINING COMPANY LTD and the mine operator SUNTIAL HK LIMITED for a period of 7 years. The company will provide supporting support such as prepayment for each other's mining equipment procurement and logistics infrastructure. As an exclusive logistics supplier, the company will also enjoy exclusive sales agency rights for spodumene products. This cooperation is an important step for the company to implement its strategy in Africa and deepen the layout of the overseas mineral supply chain. The implementation of the agreement was affected by the implementation of the mine expansion plan, and there is uncertainty about the exact amount and amount.
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Jiayou International announced that the company signed a “Burundian Lithium Mining Cooperation Agreement” with the Burundian national mining company SONALEK MINING COMPANY LTD and the mine operator SUNTIAL HK LIMITED for a period of 7 years. The company will provide supporting support such as prepayment for each other's mining equipment procurement and logistics infrastructure. As an exclusive logistics supplier, the company will also enjoy exclusive sales agency rights for spodumene products. This cooperation is an important step for the company to implement its strategy in Africa and deepen the layout of the overseas mineral supply chain. The implementation of the agreement was affected by the implementation of the mine expansion plan, and there is uncertainty about the exact amount and amount.
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