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qinghai salt lake resources integration! china's first central enterprise for lithium extraction from salt lakes takes shape, lithium carbonate production capacity may reach 40,000 tons

2024-09-11

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salt lake co., ltd. production scene

our reporter hu yawen (chinatimes.net.cn) reports from beijing

in the northwest of qinghai, the qaidam basin, with an altitude of nearly 3,000 meters, is known as the "treasure bowl". the local salt lakes and salt fields scattered all over the area not only attract tourists who yearn for the "sky realm", but the rich salt lake mineral resources such as potassium salt, magnesium salt and lithium salt also bring tens of billions of output value to qinghai.

this land may welcome the first large-scale central enterprise named after "salt lake" in my country. on september 9, salt lake co., ltd. (000792.sz), with a market value of 80 billion yuan, announced that its controlling shareholder will be changed to china salt lake group and its actual controller will be changed to china minmetals group.

the reorganization of the two is intended to create a world-class salt lake industrial base. in qinghai, salt lake co., ltd. owns the mining rights of the qarhan salt lake, the largest salt lake in asia and the second largest in the world. minmetals salt lake, a subsidiary of china minmetals group, owns the mining rights of the large and medium-sized salt lake yiliping salt lake. the lithium extraction capacity of salt lakes ranks in the top two, and the current total lithium carbonate production capacity reaches 40,000 tons. the combination of the two essentially means the further concentration of qinghai salt lake resources. lin boqiang, dean of the china energy policy research institute of xiamen university, told the china times reporter that the development experience of the international mining market shows that mining companies are often super-large enterprises. in the mineral resources industry, the increase in concentration can avoid the dispersion of resources, allowing enterprises to more accurately judge market trends and production capacity needs, and enhance the market competitiveness of enterprises and their ability to resist cyclical risks. the reporter sent an interview letter to salt lake co., ltd. on relevant matters, but no reply was received as of press time.