摘要
In March 2003, Qinghai Provincial Government and the related enterprises signed the agreements with China International Trust and Investment Company (CITIC) on joint development of the rich salt lake resources in Qaidamu basin over the next five years. Under the agreements, CITIC will budget 4.2 billion yuan to construct a large-scale chemical complex in two stages, which will annually produce 35,000 tons of lithium borate, 1 million tons of potassium sulfate and 35,000 tons of boric acid. The first-stage project will come into operation by 2005.
