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Basic Materials · Other Industrial Metals & Mining

Xizang Mineral Development Co. LTD

Tibetan miner of chromite and lithium, plus lithium batteries

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What Xizang Mineral Development does

Xizang Mineral Development is a Lhasa-based mining company that digs up and sells minerals found on the Tibetan plateau, chiefly chromite (a key ingredient in stainless steel) along with copper, lithium, and boron. It also makes lithium batteries used in gadgets like cameras and information products, in electric vehicles, and in power-grid equipment that stores electricity to smooth out demand peaks. Its customers are largely industrial, including metallurgy, aerospace, and atomic energy companies.

How Xizang Mineral Development makes money

The company earns revenue by extracting and selling mined ore and mineral products—chromite, copper, lithium, and boron—to industrial buyers, so its results track commodity prices and output volumes. A smaller manufacturing arm adds value downstream by turning raw material into lithium batteries sold to electronics, EV, and power-grid customers.

Products & services

Sector Basic Materials Industry Other Industrial Metals & Mining HQ China Ticker 000762.SZ Official site