On January 18th, Zangge Mining stated during an online conference call that as of now, the company’s production of potassium chloride and lithium carbonate in the Cha’erhan Salt Lake project has low costs, high gross profit margins, and strong profitability. In addition, the under construction Mamicou Salt Lake has abundant lithium resources and extremely high lithium concentrations. With the advantage of low costs, it is expected to have good economic benefits. After the completion of this transaction, the company’s leading cost control capabilities in the potassium and lithium fields will be combined with Zijin Mining’s full process independent technology, large-scale system engineering research and development implementation capabilities, and extensive global resources and market channels to accelerate the release of the company’s resource potential in the potassium and lithium sector and promote the transformation of resource advantages into economic benefits.
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