On December 17, PT. ChengTok Lithium Indonesia, the subsidiary of Chengxin Lithium, and China National Chemical Engineering Sixth Construction Co., Ltd. ("CC6" for short) jointly launched the commencement ceremony of civil engineering and installation construction project of the pyro part of the annual production of 50,000 tons of lithium hydroxide and 10,000 tons of lithium carbonate in Morowali Industrial Park, Indonesia.

Chinese managers, Indonesian representatives, all managers of CC6, representatives of the construction team, translators and local Muslim elders attended the commencement ceremony.

CC6 is mainly responsible for the construction of the pyro part. Xu Kun, the general manager of CC6, stated that they will carry forward the "iron army" spirit, meticulously organize, make elaborate arrangements, accelerate the project construction, and build a high-quality project.

Chen Leyun, deputy general manager of PT. ChengTok Lithium Indonesia, stated that they will cooperate with CC6 sincerely to ensure that the project will be built safely, efficiently, and with high quality.

The 60,000-ton lithium compound project is important for Chengxin's internationalization strategy, and it is also one of the largest lithium compound production projects overseas. PT. ChengTok Lithium Indonesia project is expected to be completed before the end of 2023 and will greatly enhance Chengxin's ability to guarantee and serve global customers.