14.3 billion!Huaxin Cement won the mining rights of a mine

Mondo Finance Updated on 2024-01-31

Huangshi Huaxin Optics Valley East New Building Materials*** to 14.3 billion yuan to bid for the limestone mining rights in Taipingshan Mining Area, Huangshi City, Hubei Province.

Recently, Huangshi Huaxin Optics Valley East New Building Materials *** to 14.3 billion yuan to bid for the limestone mining rights in Taipingshan Mining Area, Huangshi City, Hubei Province. Huangshi Huaxin Optics Valley East New Building Materials*** is held by Huangshi Tieshan Investment and Development Company and Huaxin Aggregate *** 51% and 49% respectively.

According to the data, Huangshi Huaxin Optics Valley East New Building Materials*** was established on September 25, 2023, and its registered place is located at No. 1, Jian'an Road, Tieshan District, Huangshi, Kaitie District, Huangshi City, Hubei Province (declaration commitment), and the legal representative is Mei Xiangfu. The business scope includes general projects: construction stone processing, cement products manufacturing, construction waste recycling technology research and development, new building materials manufacturing (excluding hazardous chemicals), building materials sales. (In addition to the licensed business, it can independently operate projects that are not prohibited or restricted by laws and regulations in accordance with the law) Licensed projects: mining of mineral resources in non-coal mines.

The mine resource reserves: the identified limestone ore resources for cement within the mining area to be transferred mining rights are 585650,000 tons, of which 894 are proven resources00,000 tons, with a controlled resource of 290590,000 tons, inferred resources of 205660,000 tons;Identified inferred resources of limestone ore for building stone 20310,000 cubic meters 54640,000 tons, all of which are retained resources.

As the first large-scale cement enterprise in the country to enter the sand and gravel aggregate industry, Huaxin has built and operated 36 sand and gravel aggregate factories with an annual aggregate production capacity of nearly 300 million tons.

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