

The reserves of lithium resources in Qinghai Salt Lake are the leading in China, but the resource endowment is not dominant. The lithium extraction technology of Qinghai Salt Lake has basically reached the leading level in China and even in the world, and technological progress will still be the core driving force for the development of Qinghai Salt Lake in the future.

Under the background of countries around the world building a closed loop of lithium power industry, the development of salt lakes is of high strategic significance to ensure the safety of domestic lithium resources supply. For China, the degree of external dependence on domestic lithium resources reached 74% in 2020, while salt lake lithium reserves accounted for 79% of domestic lithium resources. Salt lake resources have the advantages of large reserves and low cost of lithium extraction, which is of great significance to ensure the global supply of lithium resources. LCE,CAGR is 38% LCE,CAGR 2021-2025 lithium supply and demand is expected to gradually become tight. Under the trend of global automobile electrification, we expect the global lithium demand to increase from 430000 tons in 2021 to 1.54 million tons in 2025. To meet the increasing demand for millions of tons of lithium, it will be a general trend to increase the development of salt lake resources. it brings an opportunity for the efficient development of local high-quality salt lake resources. The technology of extracting lithium from Qinghai salt lake has basically reached the leading level in China and even in the world, and is promoting the development of Qinghai salt lake industry in the direction of larger scale, better quality and higher efficiency, and is expected to spill over to Tibet and overseas. Technological progress is the core driving force of salt lake lithium extraction industry innovation. Salt lake lithium resource reserves are large, but the degree of development is low, and the resource endowment is uneven.
