Shandong RuiFu Lithium Industry Co., Ltd. is a new energy technology enterprise working on extracting and preparing raw material from minerals of lithium battery positive pole—battery grade lithium carbonate. It is also a production enterprise with technology of extracting lithium from both spodumene and lepidolite. The company was founded in November of 2010, with registered capital of RMB 80 million. It is vice president company of Chinese Lithium Industry Association.