2026-01-19
Zangge Potash Successfully Achieves Its 2025 Production and Operational Targets, Strengthening the Foundation for Agricultural Supply Security Through High-Quality Development
In 2025, under the new ownership structure following Zijin Mining’s acquisition as the controlling shareholder, Zangge Mining remained firmly committed to serving overarching national priorities. Closely aligned with China’s strategies for food security and the stable supply and pricing of agricultural inputs, the Company focused on a core operating framework of stabilizing production, controlling costs, and enhancing efficiency, while providing coordinated support to its subsidiary, Zangge Potash. In the face of evolving global resource dynamics and the inherent challenges of salt lake resource development, the Company adopted targeted measures and scientific production scheduling to respond proactively to a complex operating environment.
Through these efforts, Zangge Potash successfully fulfilled its key annual production and operational objectives, achieving comprehensive improvements in output, product quality, and sales performance. These achievements laid a solid foundation for the Group’s strategic transformation and upgrading, while also reflecting a strong sense of corporate social responsibility. By contributing to the security of the national agricultural input supply chain and promoting the high-quality development of the salt lake resource utilization industry, the Company delivered tangible value to both the industry and society. Across its 724 square kilometers of operations at Qarhan Salt Lake, Zangge Mining translated its commitment to national strategy into concrete actions, writing a new chapter in supporting sectoral development and long-term sustainability.
Strategic Leadership Drives Breakthroughs, with Core Performance Exceeding Targets Across the Board
Amid a complex and challenging production environment marked by resource constraints, Zangge Potash, under the strategic leadership and coordinated support of the Group, focused on innovation-driven breakthroughs and achieved a qualitative leap in production efficiency through three systematic initiatives.
First, the Company optimized integrated resource allocation. Leveraging the unique mineral resource advantages of Qarhan Salt Lake, it scientifically planned potassium resource extraction layouts and further refined process control across production stages. These efforts effectively enhanced resource utilization efficiency and production continuity under dynamic resource conditions, demonstrating the high-efficiency utilization standards of a national-level salt lake resource base.
Second, the Company strengthened supply chain coordination and empowerment by establishing a supply chain framework characterized by stable upstream supply, precise demand alignment, and forward-looking planning. Through multiple measures, Zangge Potash ensured the stable supply of brine resources and fully exceeded its annual brine supply assurance targets. This enabled precise matching of production requirements across its dual core businesses of potassium chloride and lithium carbonate, while advance planning for the 2026 supply program was initiated to provide a solid foundation for the stable and efficient operation of the entire industrial chain.
Third, the Company deepened management reform to enhance quality and efficiency. Supported by advanced management practices introduced by the new controlling shareholder, Zangge Potash promoted the development of a modern corporate governance system by improving governance structures, optimizing production processes, and advancing lean management and intelligent transformation initiatives. These measures effectively activated internal momentum and strengthened the Company’s long-term development vitality.
In 2025, Zangge Potash achieved potassium chloride production of 1.0336 million tonnes and sales of 1.0843 million tonnes, exceeding its annual targets. The production-to-sales ratio remained at a leading level within the industry, while product quality compliance rates continued to stay consistently high. The Company successfully realized comprehensive breakthroughs in output, quality, and sales, providing strong and reliable production capacity support for the national agricultural input supply system.
Demonstrating Industry Responsibility by Safeguarding Spring Farming Supply and Supporting Livelihoods
As a key participant in China’s potassium chloride industry, the Company has consistently placed service to national strategies and the safeguarding of public livelihoods at the forefront of its operations. Actively responding to the national policy call for ensuring stable supply and pricing during the spring farming season, the Company has fully leveraged its role as a stabilizing anchor and market balancer in the agricultural input supply system.
In January 2025, the Company proactively entered into a strategic cooperation agreement with Sinochem Fertilizer to support spring farming supply and successfully completed the delivery of the first batch of potassium chloride products, taking an early lead in securing fertilizer availability for the season. On March 1, it achieved the full resumption of potassium chloride production lines ahead of schedule. Supported by efficient production scheduling mechanisms and a stable, reliable supply system, the Company ensured timely fertilizer supply to China’s major grain-producing regions during the spring farming period. Over the course of the year, a substantial volume of potassium chloride was supplied to the market, effectively mitigating price volatility and reducing input costs for agricultural production, thereby reinforcing the foundation for national food security.
At the same time, the Company continued to deepen coordination across the upstream and downstream segments of the industry chain. Through exchanges and cooperation with leading industry players such as CNAMPGC Holdings, it advanced long-term strategic partnerships and further consolidated its position within China’s primary potassium chloride distribution channels. These efforts have contributed to the development of a coordinated agricultural input system linking production, distribution, and end use, injecting strong collaborative momentum into the high-quality development of the industry.
Anchoring Long-Term Strategic Planning and Building Momentum for the Dual-Carbon Transition
Building on the solid development foundation established in 2025, the Group continues to advance its overall strategic layout in close alignment with China’s dual-carbon goals and the national strategy for the comprehensive development of salt lake resources, accumulating strong momentum for higher-quality and more sustainable growth.
On the one hand, the Group is further deepening the comprehensive development and utilization of Qarhan Salt Lake resources. By continuously optimizing production processes and enhancing resource recycling efficiency, it is promoting the coordinated development of multiple resources—including potassium, lithium, and industrial salt—with the goal of creating a green, low-carbon, and highly efficient circular salt lake industry demonstration base.
On the other hand, the Group is steadily strengthening its resource security foundation through scientific capacity planning and ongoing technological upgrades, systematically improving the level of comprehensive resource utilization and core competitiveness. Through these efforts, the Company aims to contribute to the security of national strategic mineral resources and support the development of the new energy industry, advancing the transition toward a low-carbon and sustainable future.
Anchored in the enduring vitality of Qarhan Salt Lake and driven by the momentum of a new era, the Group will continue in 2026 to uphold its commitment to serving national strategies, enabling industry development, and advancing green principles. Building on existing achievements and strengthening execution, the Company will move forward steadily along a path defined by stable production and supply assurance, quality and efficiency enhancement, industrial upgrading, and sustainable development.
Guided by the objective of becoming a leading enterprise in the comprehensive utilization of salt lake resources, the Group will continue to contribute meaningfully to national food security and the stable supply of agricultural inputs, while safeguarding the security of strategic mineral resources. Through sustained effort and disciplined execution, the Company remains committed to delivering greater value to the nation, the industry, and society as it advances toward a more resilient and sustainable future.
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Mailing Address:Audit and Supervision Office, CAG Mining Co., Ltd., 19th Floor, Building 2, No. 1199 North Section of Tianfu Avenue, Chengdu High-tech Zone, China (Sichuan) Pilot Free Trade Zone, 610041