[Salt Lake Co., Ltd.: Q3 Net Profit Up 113.97% YoY, New 40,000 mt/Year Integrated Basic Lithium Chemicals Project Successfully Commences Trial Feed Production]
Salt Lake Co., Ltd. announced that its Q3 revenue reached 4.33 billion yuan, up 34.81% YoY, while net profit was 1.988 billion yuan, up 113.97% YoY. For the first three quarters, revenue totaled 11.111 billion yuan, up 6.34% YoY, and net profit was 4.503 billion yuan, up 43.34% YoY. During the reporting period, the production and sales of the company's core products remained stable. Specifically, potassium chloride production reached 3.2662 million mt, with sales of 2.8609 million mt; lithium carbonate production was 31,600 mt, with sales of 31,500 mt, indicating efficient production-to-sales linkage. On September 28, 2025, the 40,000 mt/year integrated basic lithium chemicals project was largely completed. Key equipment, including the adsorption lithium extraction unit, successfully produced qualified liquid during trial runs. The nanofiltration and reverse osmosis systems completed membrane installation and water linkage tests, while the lithium precipitation and auxiliary public utilities finished core equipment single-machine trial runs. The project officially entered the trial feed production stage and produced qualified battery-grade lithium carbonate products.