A few days ago, Xianyang Municipal Party Committee Qian Qianchang met with the chairman of a company including Tibet City Investment (600773) and other companies, and introduced the development of the lithium industry in the region. The two sides discussed the construction of a lithium company in Xianyang.
Previously, Tibet City Investment, which has received much attention due to the concept of "Lithium," issued an announcement that the company and its related parties jointly took control of the exploitation of the Longmu Cuo Salt Lake mining area. The comprehensive development and utilization of Longmu Lake Salt Lake was already in July 2009. Acquired approval documents from the Development and Reform Commission of Tibet Ali Area. The proposed project includes Grade 2 Yantian and Laolian Salt Salt Fields, respectively building a processing plant with 3,500 tons of industrial boric acid, 2000 tons of lithium carbonate and 20000 tons of potassium chloride, and other supporting facilities.
Huatai United pointed out that lithium extraction from salt lakes is the main technical route for future development. Lithium reserves in China rank among the top three in the world, but the current utilization of lithium resources, especially salt lakes, lags far behind other countries. Lithium from salt lakes accounts for only 30% of China's lithium carbonate production, while foreign countries account for more than 70% of this. With the maturity of lithium extraction technology in salt lakes in China, the lithium extraction industry in salt lakes will usher in great development in the next few years. While Tibet City Investment has the largest reserves of lithium carbonate in the country at the moment, the technology developed for the comprehensive utilization of salt lakes is mature and can make full use of resources.
Industry insiders pointed out that if the company participates in the construction of an industrial park related to lithium carbonate purification and anode materials and downstream industries related to lithium carbonate, it can open up the lithium battery new energy upstream and downstream industrial chain and lay a solid foundation for the company to build new energy companies.
Previously, Tibet City Investment, which has received much attention due to the concept of "Lithium," issued an announcement that the company and its related parties jointly took control of the exploitation of the Longmu Cuo Salt Lake mining area. The comprehensive development and utilization of Longmu Lake Salt Lake was already in July 2009. Acquired approval documents from the Development and Reform Commission of Tibet Ali Area. The proposed project includes Grade 2 Yantian and Laolian Salt Salt Fields, respectively building a processing plant with 3,500 tons of industrial boric acid, 2000 tons of lithium carbonate and 20000 tons of potassium chloride, and other supporting facilities.
Huatai United pointed out that lithium extraction from salt lakes is the main technical route for future development. Lithium reserves in China rank among the top three in the world, but the current utilization of lithium resources, especially salt lakes, lags far behind other countries. Lithium from salt lakes accounts for only 30% of China's lithium carbonate production, while foreign countries account for more than 70% of this. With the maturity of lithium extraction technology in salt lakes in China, the lithium extraction industry in salt lakes will usher in great development in the next few years. While Tibet City Investment has the largest reserves of lithium carbonate in the country at the moment, the technology developed for the comprehensive utilization of salt lakes is mature and can make full use of resources.
Industry insiders pointed out that if the company participates in the construction of an industrial park related to lithium carbonate purification and anode materials and downstream industries related to lithium carbonate, it can open up the lithium battery new energy upstream and downstream industrial chain and lay a solid foundation for the company to build new energy companies.
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