Salt Lake Co.: Magnesium Strategy Targets Upstream; Subsidiary Teli Die-Casting Scale Limited
Salt Lake Co. said on its interactive investor platform on August 7, 2026 that its magnesium resources business is primarily oriented toward upstream development. The company noted that its subsidiary Teli Magnesium, which handles the magnesium alloy die-casting segment, remains in a cultivation and development phase. The business currently has limited scale and contributes only modestly to the company's overall revenue.
Salt Lake Co. stated on its interactive platform on August 7, 2026 that its magnesium resources business is centered on upstream resource development. Its subsidiary Teli Magnesium, which operates the magnesium alloy die-casting segment, is still in a cultivation and development stage. The segment's business scale remains limited, and its contribution to the company's overall revenue is low.
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