Guoxuan Hi-Tech Co., Ltd., together with Salt Lake Co., Ltd., is developing lithium batteries and new materials

On December 14th, Guoxuan Hi-Tech officially announced the signing of a cooperation framework agreement with Qinghai Salt Lake Co., Ltd. yesterday.
It is understood that Salt Lake was founded in 1958 and is mainly engaged in the manufacturing of chemical raw materials and chemical products. Currently, it has a production capacity of 5 million tons of potassium fertilizer, 30000 tons/year of lithium carbonate, and 56000 tons of magnesium alloy processing capacity. It has multiple core technologies in the fields of potash fertilizer, potash fertilizer, salt lake brine lithium extraction, and has significant advantages in the field of lithium resource development.
Based on this, according to the agreement, the two sides will conduct comprehensive cooperation around the lithium battery industry chain, establish a joint venture to produce cathode battery materials such as lithium iron phosphate and energy storage batteries. The proposed joint venture will hold mutual sharing and in-depth cooperation to form a stable new energy industry chain system. The two sides will also rely on the rich magnesium resources of Salt Lake City to carry out cooperation in the field of new materials such as magnesium aluminum and magnesium lithium alloys; And explore the feasibility of establishing a new product technology research and development platform in Hefei. https://store.stoneitech.com/
In addition, based on the advantages of both parties in the fields of lithium salt extraction and lithium battery material processing, manufacturing, research and development, it is proposed to carry out in-depth cooperation in new energy, lithium batteries, scientific research, and other fields. Development, lithium magnesium materials, talent cultivation, and other fields.
In response, Li Zhen, Secretary of the Party Committee and Chairman of Guoxuan High Technology, said, “We hope that both sides can carry out joint innovation based on material science and work together on the new energy track to run further and do better.”
Yun Hongwei, Secretary of the Party Committee and Chairman of the Salt Lake Group, also stated, “Creating ‘resources, capital, technology, and market’ is the core concept of the Salt Lake Group. We hope to combine Guoxuan’s technology and market advantages, and high-tech technology can use the resources and capital advantages of the Salt Lake Group to develop new energy, make good use of new materials, complement each other’s advantages, and achieve win-win cooperation.”