Qinghai Salt Lake Industry (SZ:000792)2022-11-22 03:01Group 1: Company Overview - Qinghai Salt Lake Industry Co., Ltd. is involved in the production of potassium and lithium products, with a focus on sustainable agricultural development and resource utilization [1][3]. - The company operates a potassium fertilizer production capacity of 5 million tons per year [4][5]. Group 2: Production and Technology - The company utilizes various production technologies for potassium chloride, including reverse flotation and vacuum crystallization, making it a leader in potassium processing technology [4][5]. - The lithium production facility has a designed capacity of 10,000 tons of industrial-grade lithium carbonate, with a production target of 13,602 tons in 2020 [5][6]. Group 3: Market and Pricing - The current price for potassium chloride is approximately 2,400 RMB per ton, reflecting a 60% increase due to global market trends [3][4]. - The pricing mechanism for lithium carbonate is based on market fluctuations, with a focus on maintaining competitive pricing [6][7]. Group 4: Future Plans and Investments - The company plans to expand its lithium production capacity with a new 20,000-ton battery-grade lithium carbonate project, estimated to require an investment of 3.132 billion RMB [5][6]. - The strategic vision includes building a world-class salt lake industry base, enhancing profitability and operational capabilities [4][6]. Group 5: Environmental and Operational Efficiency - The company aims to reduce production costs through process optimization and resource efficiency, maintaining a cost of 34,000 RMB per ton for industrial-grade lithium carbonate [7]. - The company emphasizes compliance with information disclosure regulations, ensuring transparency and accuracy in communications with investors [7].