Qingdao East Steel Tower Stock Co.Ltd(002545) : Laos potassium chloride expansion project has been fully started

Qingdao East Steel Tower Stock Co.Ltd(002545) (002545) announced on January 3 that on December 31, 2021, the commencement ceremony of the aboveground construction project of the "potassium chloride expansion project" was held. Coupled with the underground construction project already started at the end of July 2021, the phase I Project (500000 tons) of the 1.5 million ton potassium chloride project of Kammon potassium magnesium salt mine in Laos has been fully started. On the same day, it was announced that the company decided to terminate the non-public offering of a shares, and the investment projects planned to raise funds had been invested in advance with its own or self raised funds.

(Securities Times)

 

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