Hainan Mining Co., Ltd.

Chinese iron ore miner expanding into oil, gas and lithium

What Hainan Mining does

Hainan Mining digs up iron ore in China, processes it, and sells it, mainly as a raw material for steelmaking. It also explores for and produces oil and natural gas. It is building a new energy business around lithium ore and lithium salts, which are used in batteries.

How Hainan Mining makes money

It makes money by selling processed iron ore, and by producing and selling crude oil and natural gas. Sales of lithium ore and lithium salts add revenue from its new energy business.

Products & services

• Iron ore
• Crude oil
• Natural gas
• Lithium ore
• Lithium salts