China's Qinghai Salt Lake Industry to invest $10.5bln in lithium production

Chinese chemical producer Qinghai Salt Lake Industry Co will invest 70.8 billion yuan ($10.5 billion) in a 40,000-tonne-per-year lithium project, the company said on Friday May 27.

Qinghai Salt Lake Industry aims to produce 20,000 tonnes of battery-grade lithium carbonate and 20,000 tonnes of lithium chloride annually at the project.

The project will be constructed...

Published

Zihao Li

May 27, 2022

11:25 GMT

Shanghai