Zangge Mining Accelerates Resource Potential Release in Potassium and Lithium Sectors Post Zijin Mining Integration

[Zangge Mining: Accelerating the Release of Resource Potential in Potassium and Lithium Sectors After Introducing Zijin Mining]

Recently, Zangge Mining stated during an online conference call that, as of now, the Qarhan Salt Lake project currently in production has low costs for potassium chloride and lithium carbonate, high gross profit margins, and strong profitability. Additionally, the Mamicuo Salt Lake under construction is rich in lithium resources with extremely high lithium concentrations. Leveraging cost advantages, its economic benefits are expected to be favorable. Upon completion of this transaction, the company's leading cost control capabilities in the potassium and lithium sectors will be combined with Zijin Mining's full-process independent technology, large-scale system engineering R&D and implementation capabilities, as well as extensive global resource and market channels. This will accelerate the release of the company's resource potential in the potassium and lithium sectors and promote the transformation of resource advantages into economic benefits.