China Salt Chemical Injects ¥8B into Massive Soda Ash Project

China Salt Chemical is injecting ¥8 billion (approx. $1.1B) into its subsidiary to accelerate the development of the nation’s largest natural alkali deposit in Inner Mongolia. The project is backed by strategic investors including Shandong Haihua and Mengyan Group.

With an annual capacity of 3.9 million tons of soda ash, the firm aims to consolidate its position across the global salt-chemical value chain, leveraging its strong balance sheet and national resource advantages despite shifting market profits.