Qinghai Western Magnesium Industry Co., Ltd. is a high-tech enterprise recognized by the Qinghai Provincial Department of Science and Technology. It was jointly established with Central South University of Technology through school-enterprise cooperation in February 2006. The company is mainly engaged in the processing of salt lake magnesium extraction and chemical magnesium products. It is a domestic one. A salt lake magnesium resource development enterprise with a production scale of more than 150,000 tons, the company produces high-purity magnesium products, and quickly occupy the domestic market with the advantages of high purity, good quality and low cost, and the products are sold to the United States, France, Germany, Japan, South Korea, etc. Netherlands and other countries. The company's factory is located in Delingha Industrial Park, covering an area of ​​600 mu and employing 400 people.

The company's current production scale is 150,000 tons/year high-purity magnesium hydroxide, 130,000 tons/year high-purity magnesium oxide, 20,000 tons/year high-purity ultrafine magnesium hydroxide, 30,000 tons/year high-purity electromelting magnesium sand, 30,000 tons / sintered magnesium sand in year. The company owns about 25.34 square kilometers of magnesium-rich brine ore, of which the magnesium chloride content reaches more than 47%, and the total reserve is more than 60 million tons. The company aims to comprehensive utilization of magnesium resources in Charhan Salt Lake in Qinghai, guided by domestic and foreign markets, follows the development model of circular economy, and is committed to building a salt lake magnesium industry with an annual output of 1 million tons, striving to bring western magnesium in the near future. The industry has become a "domestic first-class and internationally renowned" salt lake magnesium resource development enterprise.