Zangge Mining Co., Ltd. was established on June 25, 1996 (stock abbreviation: “Zangge Mining”; stock code: 000408). Approved by the State Administration for Industry and Commerce of People’s Republic of China（SAIC) on June 13, 2017, the company was renamed from Jinguyuan Holding Co., Ltd.” to “Zangge Holding Co., Ltd.” with the authorization of Qinghai Administration for Industry and Commerce. On December 3, 2021, upon the approval of SAIC and Market Supervision Administration of Qinghai Province, the company was renamed as “Zangge Mining Co., Ltd.” in accordance with its business development strategy. Its registered capital is 1.58 billion yuan, and the legal representative is Xiao Ning. The company is located at No. 15-02 Kunlun South Road, Golmud City, Qinghai Province.
After years of development, the company has established a sound corporate governance structure and internal control system to meet the needs of production and management. The company has accumulated rich experience and technical reserve in production and management, which has laid a solid foundation for the optimization and upgrading of industrial structure and the steady progress of diversified development. The company has great potential in the fields of resource integration, comprehensive utilization of salt lakes resources, technological innovation, and environmental protection.
Centering on the needs of the company’s strategic development, it will vigorously strengthen the technical and talent reserve, further strengthen corporate governance, improve the internal control system and constantly strengthen the criteria of regulative management. It is expected to explore a healthy way of development, suitable for itself, full of features and vitality.
The company has always adhered to the principle of “honest management, scientific development, high quality and efficiency, zealous social service, creating values for the society and maximizing the interests of the company, shareholders and employees”. As the comprehensive utilization technology of sodium, magnesium, lithium, and boron in the salt lakes becomes increasingly mature and the market conditions gradually improve, the company will follow the principle of “potassium based and comprehensive development”, take full use of the lake resources and persist in the road of scientific development of rational utilization and solid foundation.
The wholly-owned subsidiary Golmud Zangge Potassic Fertilizer Co., Ltd. is mainly engaged in the production and sales of potassium chloride. With the mining area of 724.3493 km2 in Qarhan Salt Lake, the company has an annual production capacity of 2 million tons. The subsidiary has developed into the second largest producer of muriate of potash (MOP) industry in China. It has been one of the 30 key enterprises in Qinghai Province, one of the drafting units of national standard of MOP, and one of the pilot units of national green mines.
The annual production capacity of potassium chloride is
In 2017, Golmud Zangge Lithium Co., Ltd., a wholly-owned sub-subsidiary company of Zangge Mining, was established with a registered capital of 500 million yuan. It is mainly engaged in the production, sales and technical consultation of battery-grade lithium carbonate, with an annual capacity of 10,000 tons of battery-grade lithium carbonate.
Project scale (phase 1)