The deep-sea potassium salt experimental facility in Xuanhan County, Dazhou, Sichuan, has successfully commenced trial operations, extracting high-purity potassium chloride products, laying the foundation for billion-ton-scale development. Xuanhan Puguang has discovered the country's first deep-sea lithium-rich potassium deposit, with a rich mining area covering 179 square kilometers and estimated inferred resources exceeding 710 million tons, equivalent to 97% of Qinghai's resources (254 million tons) and 8.5 times that of Xinjiang (29 million tons).
PriceSeek analyzes potassium chloride with a bullish-bearish score of -1.5. The article reports the successful trial operation of the deep-sea potassium salt experimental facility in Xuanhan County, Dazhou, Sichuan, which extracted high-purity potassium chloride products, and the discovery of the country's first deep-sea lithium-rich potassium deposit, with resources exceeding 710 million tons, equivalent to 97% of Qinghai's resources and 8.5 times that of Xinjiang. This discovery indicates that future potassium chloride supply will increase significantly, far exceeding current market demand. As a primary raw material for potash fertilizer, the anticipated surge in supply is expected to exert significant downward pressure on spot prices, dampening market sentiment. Although development will take time, the news has already sparked concerns about future oversupply, resulting in a score of -1.5, indicating a generally bearish impact.
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