Trainee reporter Luo Wu Another 100-billion-dollar state-owned enterprise is planning to extract lithium from salt lakes.

According to Lanxiao Technology's announcement on the evening of February 5, the company recently received the bid winning notice for the "Adsorption System Procurement (Secondary) for the Comprehensive Utilization Project of Lithium Extraction from Lop Nur Salt Lake Old Brine of SDIC Luo Potassium Company (5,000 tons/year)".

The project is the first industrial lithium extraction project in Lop Nur Salt Lake in Xinjiang.

SDIC Luo Potash is controlled by SDIC Group. Its annual lithium carbonate project of 5,000 tons will be fully put into production by the end of 2023 and is expected to expand production rapidly.

Previously, Salt Lake Co., Ltd., as well as state-owned enterprises such as CITIC Group, China Baowu and China Minmetals, have invested in numerous salt lake lithium extraction projects in the Qinghai-Tibet region.

According to CITIC Securities’ forecast, China’s salt lake lithium extraction capacity is expected to account for more than 20% of the global lithium supply in the future and will become an important part of the global lithium supply.

On the evening of February 5th, State Investment Bureau Salt Lake Lithium Extraction, Lanxiao Technology announced that the company has recently received the "Procurement (secondary) of the adsorption system for the comprehensive utilization project of lithium extraction from old brine in Lop Nur Salt Lake (5,000 tons/year) of SDIC Luo Potassium Company"

"Notice of winning the bid, the winning bid amount is 49,710,905 yuan. This project is the first industrialized lithium extraction project in Lop Nur Salt Lake in Xinjiang.

Prior to this, on January 20, Jiuwu High-Tech also received the "Notice of Winning the Bid" for the "Comprehensive Utilization Project of Lithium Extraction from Old Brine from Lop Nur Salt Lake Old Brine (5,000 tons/year) of SDIC Luo Potassium Company - Membrane Treatment System Procurement" project, and won the bid.

The amount is 86.246479 yuan.

SDIC Luo Potash is SDIC Xinjiang Lop Nur Potash Co., Ltd., a state-owned enterprise, SDIC Group, holds 63% of its equity through its wholly-owned subsidiary SDIC Mining.

The official website of SDIC shows that the company is a state-owned capital investment company. As of the end of 2021, the group's total assets were 766.4 billion yuan. In 2021, it achieved total operating income of 194.5 billion yuan and total profits of 46.1 billion yuan. It has been operating under the State-owned Assets Supervision and Administration Commission of the State Council for 18 consecutive years.

Won an A grade in the performance appraisal.

According to Guannong Shares, which holds a 20% stake in SDIC Luo Potash, the comprehensive utilization project of lithium extraction from old brine in Lop Nur Salt Lake of SDIC Luo Potash (5,000 tons/year) has obtained the "Enterprise Investment Project Registration Certificate in Ruoqiang County, Bazhou, Xinjiang"

》, the project is planned to be completed in December 2023, that is, it is planned to be completed and materials will be released before the end of 2023.

According to official media reports in Ruoqiang County, Xinjiang, the above-mentioned 5,000-ton lithium carbonate project of SDIC Luo Potassium has started construction on September 28, 2022.

After the project is completed, it will further extend the midstream and downstream ternary batteries, lithium iron phosphate batteries and various consumer industry chains, and increase the added value of related products; after it is put into production, it is expected to achieve an annual output value of 2.5 billion yuan, and pay profits and taxes of about 260 million yuan.

5,000 tons may be just the beginning. SDIC Luo Potash’s main business is to develop Lop Nur’s natural brine resources to produce potassium sulfate.

The company has a potassium sulfate production facility with an annual output of 1.5 million tons and a potassium sulfate and magnesium fertilizer production facility with an annual output of 100,000 tons. It is the world's largest monomer potassium sulfate manufacturer.

At present, the processing plant adds about 19 million m3 of potassium-elimination old brine every year, with a lithium ion content of 195-288mg/L. The lithium ion resources in the potassium-elimination old brine are 3705-5486t/a, which is equivalent to about 19480-28900t/a of lithium carbonate.

a.

On December 26, 2022, Li Shoujiang, Secretary of the Party Committee and General Manager of SDIC Luokash, published a signed article titled "Playing the Role of State-owned Enterprises as "Ballast Stone" in Stabilizing the Economy" in Science and Technology Daily.

The article stated that it is necessary to focus on the main responsibilities and main businesses, and seize core technologies and core endowments to carry out work.

The first is to continue to increase investment in scientific research in aspects such as deep exploration technology of Lop Nur salt lake resources, comprehensive utilization industrialization technology, new and efficient brine mining technology, intelligent manufacturing, and development of new high value-added potash fertilizer products, and accelerate the comprehensive utilization of resources in accordance with the requirements of circular economy.

Promote the extraction of lithium and bromine from salt lakes and enhance new momentum for development.

An insider in the salt lake lithium extraction industry told a reporter from China Fund News that the above-mentioned pilot project of SDIC Luo Potassium with an annual output of 5,000 tons of lithium carbonate will be fully put into operation by the end of the year. After that, the production capacity will be expanded to 10,000 tons to 15,000 tons, which will not be too big.

Disaster.

Guannong Shares' 2022 semi-annual report stated that in the first half of 2022, the company's investment income from associates and joint ventures increased by 297.5582 million yuan this period compared with the previous period, an increase of 2.2 times, mainly due to the rise in global food prices and the Russia-Ukraine war.

As a result, the price of potassium sulfate rose sharply, and the net profit of SDIC Luo Potassium increased significantly compared with the same period last year, which caused the company to confirm that its investment income in the company increased compared with the same period last year.

According to Guannong Shares, in 2021, SDIC Luo Potash’s operating income was 4.506 billion yuan and net profit was 1.191 billion yuan; in the first half of 2022, SDIC Luo Potassium achieved operating income of 5.293 billion yuan and a net profit of 2.077 billion yuan.