Seize lithium resources! The technology of extracting lithium from salt lake signed by Tesla will be emphatically developed.

Tesla signed a large purchase order for lithium ore with Australian lithium miners, purchasing 100000 dry metric tons of spodumene concentrate in the first year. Liontown will supply lithium ore from its Kathleen Valley lithium project in Western Australia, which is expected to begin commercial production in 2025. The supply to Tesla will account for about 1/3 of the project's annual capacity.

Brokerage research reported that the Australian lithium mine production disturbance continued, production declined in the fourth quarter compared with the previous quarter, lithium mine prices are expected to exceed 3000 US dollars / ton in the first half of 2022. Under the current complex and changeable international political and economic situation, a number of governments have indicated that they will strengthen industrial protection and establish independent industrial chains. With the increasing expansion of lithium demand, salt lake brine lithium resources will be developed under the strategic demand of diversity and supply guarantee.

According to the theme database of the Financial Associated Press, among the relevant listed companies:

The pilot test of lithium extraction from raw brine from Zabuye Salt Lake in Tibet, Anheles Salt Lake in South America and a deep brine from Sinopec are being carried out in Jiuwo Hi-Tech Tibet Salt Lake and Anheles Salt Lake in South America.

Xinhua shares said that the new salt lake lithium extraction method is a new technology developed by the company for many years, and the company is actively promoting the application of technology in this field.