Huayuan Holdings: The salt lake lithium extraction possesses resource reserves and cost advantages. The company has completed the layout of salt lake lithium extraction technology using the direct extraction method through an industrial fund.

Everyday AI News Flash, March 18 — Hualian Holdings stated during an investor relations event that the company’s consideration of overseas salt lake acquisitions is mainly based on two advantages: First, resource advantage — the lithium salt lakes in the South American “Lithium Triangle” have good overall resource endowments, offering resource quantity and cost advantages; Second, technological advantage — the company has previously invested in Shenzhen Juneng and Zhuhai Juneng through the Zhongbao Qingyuan Huihai Industry Fund, completing the layout of direct extraction lithium salt lake technology.

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