On May 27, Salt Lake Co., Ltd. issued an announcement on research and information activities. The announcement shows that in 2023, the company will actively promote the strategy of "going out of potassium" and promote the grafting of superior resources, capital, technology, and markets. At the same time, increase market research, actively seek foreign resources to promote cooperation, and further consolidate the position of Salt Lake in resource development and potash production.
Li Shun, secretary of the board of directors of Salt Lake Co., Ltd., told the reporter of Securities Daily that the company undertakes the important responsibility of the country's "food security, resource security, and ecological security" and effectively integrates the tasks of the country, the needs of agriculture, and the development of enterprises. , On the basis of ensuring the stability of the existing potash fertilizer production, actively promote the strategy of "going out of potash", realize the two-wheel drive of "two resources, two markets", and make the potash industry bigger, stronger and better.
In fact, not only Salt Lake, but many leading potash fertilizer companies have continued to increase their overseas potash fertilizer distribution in recent years.
Public information shows that in September 2021, Potash International completed the first 1 million tons of potash fertilizer project in 17 months, and successfully achieved production in March 2023, becoming the first 100-ton potash fertilizer project of a Chinese company overseas. 10,000-ton potash fertilizer project. In January 2023, it took only 10 months for the company to realize the commissioning of the second 1 million tons project processing plant, increasing the potash fertilizer production capacity to 2 million tons, and becoming the largest Chinese company in Southeast Asia in terms of potash fertilizer production. The company's third 1 million tons potash fertilizer project is expected to be completed and put into operation by the end of 2023, and strive to achieve a production capacity of 5 million tons by 2025.
In addition, on February 17 this year, two wholly-owned subsidiary companies of Zangge Mining, Chengdu Chuanliao Juyuan Industrial Co., Ltd., Zangge Mining International Pte.Ltd., and two local partners in Laos signed the "Vientiane Agreement on Potash Salt Exploration in Ba'e County, Saitani County. According to the agreement, the company's exploration franchise areas in Saitani County and Ba'o County, Vientiane City, Laos are 198.97 square kilometers and 199.29 square kilometers respectively. The discovered mineral resources include carnallite mines and potash salt mines. The total amount of potassium chloride resources is about 600 million tons, and the initial planned production capacity of the first phase is 2 million tons per year.
Dai Li, an analyst at Jinlianchuang Chemical Fertilizers, told a reporter from the Securities Daily that Laos is rich in mineral deposits and has good resource endowment conditions, which are suitable for large-scale development of potash projects; Labor is cheap; at the same time, Laos is close to the Southeast Asian market, which can help solve the problem of capacity consumption.
Potash fertilizer enterprises are actively "going out", mainly because nearly half of the domestic potash fertilizer resources depend on imports, and their dependence on foreign countries is relatively high.
"my country is the world's largest potash fertilizer demander, but the domestic potash resource reserves are relatively low and the sustainable supply capacity is insufficient, especially the lack of soluble potassium resources." Dai Li said, therefore, it is urgent for the potash industry to find potassium overseas. (Reporter Li Liping)
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