According to the Zhitong Finance App, Salt Lake Co., Ltd. (000792.SZ) issued an announcement to actively implement the company's development strategy, accelerate the “going global” of potassium resources, and strengthen the layout and resource integration of the entire Salt Lake industry chain. On May 12, 2025, the company signed a “Letter of Intent for Project Cooperation” with Highfield Resources Limited (hereinafter referred to as “Highland Resources”), Yankuang Energy Group Co., Ltd. (hereinafter referred to as “EMR”), and EMR Capital (hereinafter referred to as “EMR”). The company intends to subscribe for common shares issued by Highland Resources with about 300 million US dollars in cash, becoming the largest shareholder of Highland Resources and enjoying control over Highland Resources at the time of delivery. Through a series of governance arrangements, the company will achieve actual control over Yancoal Canada Resources Ltd. (hereinafter referred to as “Yancoal Canada”), Highland Resources and its subsidiary Southey potash project and Muga project.

According to the Zhitong Finance App, Salt Lake Co., Ltd. (000792.SZ) issued an announcement to actively implement the company's development strategy, accelerate the “going global” of potassium resources, and strengthen the layout and resource integration of the entire Salt Lake industry chain. On May 12, 2025, the company signed a “Letter of Intent for Project Cooperation” with Highfield Resources Limited (hereinafter referred to as “Highland Resources”), Yankuang Energy Group Co., Ltd. (hereinafter referred to as “EMR”), and EMR Capital (hereinafter referred to as “EMR”). The company intends to subscribe for common shares issued by Highland Resources with about 300 million US dollars in cash, becoming the largest shareholder of Highland Resources and enjoying control over Highland Resources at the time of delivery. Through a series of governance arrangements, the company will achieve actual control over Yancoal Canada Resources Ltd. (hereinafter referred to as “Yancoal Canada”), Highland Resources and its subsidiary Southey potash project and Muga project.