On April 14, news emerged that Qinghai Salt Lake Industry disclosed its preliminary performance report for the first quarter of 2026. In Q1 2026, the company achieved operating revenue of 6.432 billion yuan, a year-on-year increase of 94.89%; net profit was 2.939 billion yuan, a year-on-year increase of 147.44%. During the reporting period, the company's potassium chloride production was approximately 877,300 tons, with sales of approximately 1.3297 million tons; lithium carbonate production was approximately 19,500 tons, with sales of approximately 16,800 tons. Driven by year-on-year increases in sales volume and prices, the profitability of the potassium chloride segment grew significantly.

[Qinghai Salt Lake Industry (000792.SZ): The 40,000-mt Project This Year Will Produce 3,000 mt of Lithium Carbonate] Today, Qinghai Salt Lake Industry publicly stated that with the strong support of Minmetals and China Salt Lake, the newly constructed 40,000-mt lithium chemical project has comprehensively strengthened the management and control of construction progress, continuously innovating in construction management and technical methods. All employees of the company have worked together, actively allocating resources from various parties, and strictly controlling project safety, quality, and progress with a high sense of responsibility. Everyone is racing against time to accelerate the project construction process. According to the plan, the 40,000-mt project this year will produce 3,000 mt of lithium carbonate. We will also go all out to strive for further breakthroughs in production.

Since the launch of the "100-Day Integration and Renewal Initiative," Qinghai Salt Lake Magnesium Industry Co., Ltd. (hereinafter referred to as "Salt Lake Magnesium") has dedicated its efforts to the research, application, and key technology breakthroughs in the anhydrous magnesium chloride electrolysis project in salt lakes. Guided by the strategy of "breaking through ideological barriers to achieve developmental breakthroughs," the company has focused on technological bottlenecks and production targets, successfully overcoming multiple core challenges. The project's key indicators have comprehensively surpassed contractual agreements, laying a solid foundation for the efficient utilization of magnesium resources in salt lakes. The melting and purification system has operated continuously and stably. Since the melting and purification furnace of the project entered normal production on January 4, it has operated continuously and stably for 118 days, producing a cumulative total of 1,260.8 mt of qualified magnesium chloride melt. The recovery rate of magnesium chloride reached 99.12%, with magnesium oxide content steadily controlled below 0.06%. This marks the successful construction of the melting and purification system, laying a solid foundation for the subsequent stable production of electrolytic cells. The electrolysis system has achieved remarkable innovative results. After nearly a year of collaborative transformation, the project's electrolysis system's 4# multipolar cell was initiated on February 6, maintaining a continuous current of 170 kA. As of April 30, the 4# electrolytic cell had been in operation for 80 days, producing a total of 292.705 mt of magnesium liquid, with an average daily production of approximately 4 mt. The purity of the magnesium liquid has remained steadily above 99.95%, reaching a peak of 99.97%. The direct current consumption per ton of magnesium has been reduced to a minimum of 10,402.6 kWh. A cumulative total of 265 mt of magnesium ingots have been cast, successfully addressing the issue of excessive nickel content. The supporting systems have achieved collaborative breakthroughs. Currently, the project's chlorine gas purification system is operating stably, with the chlorine gas concentration at the electrolytic cell outlet maintained between 96% and 99%. The concentration of chlorine gas input to the PVC plant remains stable above 95%, achieving an initial chlorine balance and effectively reducing magnesium production costs. The research and application project on key technologies for anhydrous magnesium chloride electrolysis in salt lakes has completed the construction content stipulated in the contract, with all project test technical indicators surpassing the contractual requirements. Next, Salt Lake Magnesium, under the guidance and support of the technology department of the group company, will fully leverage the integrated advantages of Minmetals' entire industry chain. Combining the results of pilot tests, the company will systematically conduct techno-economic analysis and engineering design, jointly formulate an implementation plan for technology transfer and industrialization, and promote the rapid transformation of scientific research achievements into large-scale production. By empowering industrial innovation through technological innovation, the company aims to achieve the integrated development of technological and industrial innovation, contributing to the construction of a world-class salt lake industrial base.

At the CLNB 2025 (10th) New Energy Industry Chain Expo - Battery Auxiliary Materials Forum hosted by SMM Information & Technology Co., Ltd. (SMM), Li Wu, a second-level researcher and doctoral supervisor at the Qinghai Salt Lake Institute of the Chinese Academy of Sciences, shared insights on the topic "Prospects of Composite Copper Foil Preparation Technology and Its Application Advantages in Lithium Batteries."

On April 16, the 2025 (10th) New Energy Industry Expo, hosted by SMM Information & Technology Co., Ltd. (SMM), was grandly held at Halls F3-G3 of the Suzhou International Expo Center in Jiangsu, from April 16-18.

Hosted by Shanghai Metals Market (SMM), CLNB 2025 (10th) New Energy Industry Expo will be held from April 16 to 18, 2025 at Suzhou International Expo Center . During the exhibition, 1 main forum and 11 sub-forums will be held, with government leaders, academicians from the Chinese Academy of Sciences and the Chinese Academy of Engineering, domestic and overseas scientists, foreign guests from dozens of countries, and leading entrepreneurs from various industries attending the event! Witness the gathering of industry leaders, discuss core technologies, listen to experts' insights, interpret market trends, and gather in Suzhou to focus on key issues, inviting you to jointly explore industrial development. This expo covers 6 major exhibition areas , with 1,300+ domestic and overseas exhibiting and participating companies showcasing the entire industry chain of batteries, including power batteries, consumer batteries, ESS, raw materials, materials, equipment, battery recycling, as well as NEVs, power tools, electric drives, and the low-altitude economy in the power exhibition area, providing you with a one-stop exhibition experience. Click to fill out the registration form and register immediately to join industry elites in discussing the future development of the new energy industry. We look forward to your arrival and to opening this feast of the new energy industry with SMM. At this New Energy Industry Expo , Sichuan Wanbang Shenghui New Energy Technology Co., Ltd. and Qinghai Salt Lake Industry Co., Ltd. will make a grand appearance, collaborating with peers in the new energy industry to share development opportunities and jointly outline a bright future for new energy. Sichuan Wanbang Shenghui New Energy Technology Co., Ltd. Qinghai Salt Lake Industry Co., Ltd. Booth Number: F14 We sincerely invite you to visit the CLNB 2025 New Energy Industry Expo About • Wanbang New Energy Pioneer of Solid-State Battery Entire Industry Chain Products Sichuan Wanbang Shenghui New Energy Technology Co., Ltd. has long been engaged in the R&D and production of new energy materials across the entire industry chain, from laboratory verification, pilot testing, and demonstration factory construction, developing a series of low-cost, high-energy-density, high-safety solid-state lithium battery products and solutions. The company's vision is to become a global leader in the energy materials field, reshaping the energy storage landscape with卓越 innovation and accelerating the world towards an efficient, clean, and sustainable future. The company's mission is to focus on the R&D and innovation of new energy materials, enhancing material performance and reducing costs with卓越 technology, accelerating the application and普及 of new materials in energy end-users, providing efficient, safe, and environmentally friendly energy solutions for various industries, and driving global energy transformation. As a pioneer in the industrialization of solid-state battery materials, the company focuses on optimizing the synthesis process of sulfide solid electrolytes, modifying high-nickel cathode materials, and improving the performance of lithium-magnesium-based alloy anodes. Currently, products such as lithium sulfide, lithium oxide, NCM9055, NM6535, lithium-magnesium-aluminum, lithium-magnesium-silicon, and lithium-magnesium-tin have achieved mass production. The company is systematically advancing the pilot verification and demonstration production line construction of key materials for solid-state batteries, facilitating the industrialization of solid-state batteries. Product Introduction High-Nickel Ternary Cathode Material NCM9055 High-capacity, high-stability high-nickel ternary cathode material NCM9055: First-cycle discharge capacity ≥229 mAh/g at 0.05 C, first-cycle Coulomb efficiency ≥93%, capacity retention rate ≥93.2% after 1,000 cycles at 1C and 25°C. Lithium-Rich Manganese-Based Cathode Material NM6535 High-capacity, high-stability lithium-rich manganese-based cathode material NM6535: First-cycle discharge capacity ≥220 mAh/g at 0.05 C, first-cycle Coulomb efficiency ≥92%, capacity retention rate ≥80% after 1,000 cycles at 1C and 25°C, compaction density ≥3g/cm3, discharge decay ≤0.15mV/week. Li-Mg-x Alloy · Battery Anode Using gas-phase co-condensation to prepare LiMgAl, LiMgSi, LiMgSn alloy strips with thicknesses of 20-200um, which can be used as lithium battery anode materials to enhance the mechanical strength of the anode and mitigate lithium dendrite growth during long-term cycling. Lithium Sulfide Li 2 S For sulfide solid electrolytes, the company has developed high-purity lithium sulfide with a particle size d50~2.1um and purity up to 99.98%, reducing costs by more than 50% compared to traditional processes, suitable for large-scale production. Collaboration Overview of Salt Lake Industry and Sichuan Wanbang Currently, metal lithium and alloys are mainly produced using mature molten salt electrolysis methods, while thermal reduction methods for producing metal lithium are still in the laboratory research stage domestically and overseas. Wanbang New Energy has successfully produced various magnesium-lithium alloys in the laboratory using metal thermal reduction and gas-phase co-condensation technologies. In line with the technological development needs of Salt Lake Industry, using industrial-grade lithium carbonate from Qarhan Salt Lake as raw material, the two companies are jointly developing a 50 mt/year metal lithium or magnesium-lithium/lithium-magnesium alloy engineering demonstration line using "vacuum thermal reduction" and "gas-phase co-condensation" patented technologies. Contact Information Contact: Qianyu Fu Phone: 028-38163825 Email: dianamarketing@wanbang.xin 【CLNB 2025—Hot Registration】 CLNB 2025 (10th) New Energy Industry Expo April 16-18, 2025 Suzhou International Expo Center