The total investment of Lop Nur potassium salt project is about 4 billion yuan

    With the announcement of the development of 12 new large-scale projects by the National Development and Reform Commission in the western region, the potassium salt project in Lop Nur in Xinjiang has once again warmed up.

    The state has developed 12 large-scale new projects in the western region with a total amount of 165.4 billion yuan, including 1.2 million tons of potash fertilizer projects and other projects in Lop Nur in Xinjiang. The project is a major construction project during the "Eleventh Five-Year Plan" period in China. The total investment is about 4 billion yuan. After the project is completed, it will effectively change the status of China's severe shortage of potash fertilizer.

    According to statistics from the Ministry of Agriculture, in recent years, the dependency ratio of potassium fertilizer imports in China has been hovering around 80%. By 2010, the annual demand for potash fertilizer in China will be approximately 9.29 million tons, and the domestic production gap will reach 7.79 million tons. The proven amount of potassium salt resources in Lop Nur is 250 million tons, accounting for half of the proven reserves of potash in China. In recent years, with the improvement of Xinjiang's transportation and other ancillary facilities, the reserve-rich potassium salt development in Lop Nur in Xinjiang has been increasing year by year.

    Although the relevant state departments have tightened control over investment this year, the National Development and Reform Commission stated that 12 key projects are the concrete embodiment of the country’s macroeconomic regulation and control policy, and that the country’s determination to continue to promote the development of the western region under the new situation is unshakable and supportive. The specific embodiment of not weakening. This has injected confidence in Xinjiang's vigorous development of the potassium salt of Lop Nur.

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