Xinfeng processing plant progressing

Xinfeng Investments Namibia, a subsidiary of Tangshan Xinfeng Thermal Group Company, holds a lithium mining license (no. ML243) and has made significant investment in excess of N$600 million to date. According to spokesperson Hardin Fredericks, this figure is fast approaching N$800 million. “Since 2022, we have steadily increased the number of employees at both our mines in Omaruru and Uis. To date, the number of employees are 160 permanent jobs, and another 140 temporary jobs, totaling 300 workers,” he said recently.According to Fredericks, the processing plant is state of the art and one of only three on the continent that deploys dense medium separation technology, proven to be efficient, especially for limited water use and lowered operational cost. Full operationalization is expected before the end of 2024.China is among the top three lithium producing countries in the world, while remaining the number one consumer of lithium due its expanding EV industries. Lithium is a commodity in demand and is used for batteries, digital cameras, glass and ceramics to name a few. Lithium is a soft, silvery-white alkali metal and Xinfeng has built a value chain around its exploitation. Supporting the processing plant, the company’s Uis mine continues to operate. However the open pit mine, “has not exported a single tonne of ore since the final approvals were granted by the minister of mines in November 2023. During 2023, the tonnes exported were used for testing and the result has been the construction of an efficient and fit-for-purpose processing plant,” said Fredericks.“A key result of the 2023 tests proved that there was significant difference in the quality of lithiumore mined in Namibia and that required rigorous testing,” he added. “The company remains committed to comply fully with the directive issued by the Namibian government for local beneficiation. The Uis investment remains a priority, in light of the stock feed to be expected for processing,” he said.Since 2022 Xinfeng works closely with Longfire Investment, a registered Namibian entity, in a joint venture agreement. “In 2023, we were awarded with our environmental clarence certificate (ECC) by the ministry of environment and tourism,” vetting environmental mitigations strategies and technologies deployed to protect the environment and ensure people work in safe spaces, “where dust is significantly suppressed,” he said.“We depend on that social license for our projects to be deemed as successful,” Fredericks stressed. Xinfeng donated N$50 000 to the historic Martin Luther High School, and has contributed to the Havana Project School in Windhoek. A N$100 000 contribution in support of the Omaruru Town Council was used for the procurement of food parcels for 600 elderly and vulnerable people.The current forecast indicates a life of mine term for a minimum of 15 years, he said.

Xinfeng processing plant progressing

Kommentar

Allgemeine Zeitung 2025-04-16

Bitte melden Sie sich an, um einen Kommentar zu hinterlassen

Xinfeng processing plant progressing

Kommentar

Allgemeine Zeitung 2025-04-16

Bitte melden Sie sich an, um einen Kommentar zu hinterlassen

ANMELDUNG