Xinfeng Investments

Xinfeng

ACTIVE

According to the Namibia Legal Information Institute (NamibLII) judgment, Xinfeng reported a resource of 8.3 million tonnes of lithium-bearing ore at ~1.04% Li₂O under licence ML243. The project operates under Exclusive Prospecting Licence EPL 7228. The mineral forms stated include spodumene, petalite, lepidolite and amblygonite, with ore grade of 0.53% Li₂O. The company’s mining area covers about 200,000 ha, covering seven mines and mining rights it holds. In 2022, the mining rights for seven mines were acquired, of which the main mining rights are 20 years. Reports say this plant will have a capacity of one million tonnes of concentrated lithium annually.

Country

Namibia

Province

Daures District

Start Date

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Minerals
lithium

Annual Production

YearStatusBauxiteCopperCobaltLithiumTantalum
2022planned-----

Mining Details

Mining TypeOpen Pit
Area (Hectares)200,000
Mining Squares2,353
Permit Validity15-20 years
Coordinates-21.4240°, 15.9461°

The Xingfeng project is a hard-rock lithium project based in Daures Constituency, Erongo Region, Namibia (near Uis, historically a tin mining hub), which is 220 km north of Walvis Bay. The project holds a lithium mining license (no. ML243) and has made significant investment in excess of N$600 million to date.

Ownership

Yuqing Liu
85%
Yiming Xie
10%
Likulano January Sauiyele
5%

Deposit Size

Total Ore

--

The mineral forms stated include spodumene, petalite, lepidolite and amblygonite, with ore grade of 0.53% Li₂O. The company’s mining area covers about 200,000 ha for the seven mines and mining rights it holds.

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