Western Mining: Western magnesium, a subsidiary of the company, owns the mining rights of magnesium salt in Chaerhan Tuanjiehu area.

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Some investors asked the western mining industry (601168), your group staff meeting said that it is necessary to continue to improve the efficient utilization of the salt lake. I would like to ask the name of the salt lake, the amount of resources, whether it is in the listed company, whether the group has an injection plan.

The company replied, "Hello, dear investors!" Western magnesium, a subsidiary of the company, owns the mining rights of magnesium salt deposits in Tuanjiehu area of Chaerhan. A total of 5 enterprises in Tuanjiehu area have set up 6 mining rights. Because of the mobility of salt lake resources, the six mining rights jointly carry out reserves verification during reserves verification. According to the "Verification report of magnesium Salt Mineral Resources in Tuanjiehu area, the Old Halogen discharge area of Chaerhan Salt Lake, Golmud City, Qinghai Province", the liquid minerals of Tuanjiehu magnesium salt deposit are mainly MgCl2, LiCl and B2O 3, and the solid minerals are mainly magnesium salt (MgCl2), stone salt (NaCl) and low grade potassium salt (KCl). Liquid MgCl2 resource reserves 122b + 333.The total amount of brine is 52.6533 million m3 (MgCl2 is 22.9925 million t), average grade 32.75%). The total ore amount of solid MgCl2 resource 122b + 333 is 146.1309 million t (MgCl2 is 52.8383 million t), average grade 36.16%). Thank you for your interest in the company.