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New project for Salt Lake Potash Group subsidiary

Source: Internet
Author: User
Keywords Potash on new
Tags data development group higher project show total total investment
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Salt Lake Potash Fertilizer (000792), Salt Lake Group (000578) in the evening of January 26, the announcement said that the two sides of Qinghai Salt Lake Development Co., which held 100% shares, proposed to launch 1 million tonnes of potash fertilizer project, with a total investment of about 2.5 billion yuan and a construction period of about 18 months. Data show that Salt Lake Potash has 50.91% stake in Salt Lake Development, Salt Lake Group holds another 49.09% equity. Salt Lake development of the existing equipment for the 2004 was completed and put into production of a higher degree of automation of 1 million potassium chloride production equipment.

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