Jinchuan Aoyinuo Mining Co., Ltd. is a holding subsidiary of the company. It was established in August 2006 and is located in Jinchuan County, Aba Prefecture, Sichuan. It has a registered capital of 190 million yuan. It focuses on resource investment, mining and processing of minerals. The development of Aoyinuo Miningreceived strong support from the local government.
Aoyinuo Mining currently owns the mining right of the spodumene mine in Yelonggou, Jinchuan County, Sichuan Province, and detailed exploration right of the Taiyanghekou Lithium Polymetallic Mine in Jinchuan County, Sichuan Province. The Yelonggou spodumene mine was put into operation in November 2019, with a raw ore production capacity of 400,000 tons/year and a mining area of 4.3697 square kilometers. The latest exploration volume of the spodumene mine in Yelonggou is 8.57 million tons, with a Li2O resource volume of 111,451 tons (average grade 1.3%). The Taiyanghekou lithium polymetallic deposit has good prospecting outlook.