Conch cement has added a limestone mine with an annual output of 9.8 million tons! Deploy in low cos

Mondo Finance Updated on 2024-02-02

Recently,The mining rights of limestone mines in Muminbei Mining Area, Changping Township, Fusui County, Guangxi Province were nearly 7300 million yuan was successfully bid. Limestone mineral resources within the mining tenements29805.820,000 tons, with 29,550 available limestone ore resources620,000 tons; Assignment period30 years(including the infrastructure construction period), production scale9.8 million tonnes per year。In addition to the transaction price, according to the transfer documents, the bidder also needs to pay for the work expenses and rural revitalization fundsOther costs are about 1200 million.

Fusui Xinning Conch Cement Co., Ltd. was established on April 27, 2005, and is controlled by 100% capital injection of Anhui Conch Cement Co., Ltd.

It is understood that on December 19, the people of Shuangfeng County, Loudi City, Hunan Province and Shuangfeng Conch Company held a project signing ceremony, according to the content of the agreement, the cooperation plans to build Shuangfeng Conch "whole industry chain green park project", with a total investment of 17600 million yuan, including:Annual output of 6 million tons of aggregate machine-made sand project。In the first half of this year,SeaEight aggregate projects of snail cement were successfully put into operation, with an aggregate production capacity of 1300 million tons, with an additional aggregate production capacity of 21.6 million tons.

Li Qunfeng, executive director and general manager of Conch Cement, said at the semi-annual performance briefing that despite the current sluggish performance, the current operating income of Conch Cement has entered a steady growth trendEspecially in aggregates, building materials are the growth highlights. In Li Qunfeng's view, conch cement has a certain competitive advantage in the aggregate industry: first, the company hasThere are abundant mine resources, as well as experience in mine exploitation and integrated management; The second is the companyA large-scale aggregate production base built along the river, convenient waterway logistics, low transportation costs; The third isAggregates, cement, and commercial mixed industries have industrial synergies.

It is reported that in the future, Conch Cement will focus on the strategy of "extending the chain and strengthening the chain".Accelerate the construction of aggregate stock projectsSteady development of incremental projectsAnd give priority to the distribution in the Yangtze River Delta, Pearl River Delta and other areas with good markets and low logistics costsGive full play to the advantages of industrial synergy and linkage to maintain the company's competitive advantage in the aggregate industry.

1. Basic information on mining rights

1) Name of mining right:Mining rights of limestone mine in Muminbei Mining Area, Changping Township, Fusui County, Guangxi;

2) Minerals to be transferred:limestone for cement, limestone for building stone;

3) Bidder: Fusui Xinning Conch Cement Co., Ltd.

4) Resource reserves: According to the "Plan for the Development and Utilization of Limestone Mineral Resources in Muminbei Mining Area, Changping Township, Fusui County, Guangxi Province (Change of Mining Area Scope)", as of December 30, 2022, within the scope of the proposed mining rightsof limestone ore resources (control + inference) 29805820 thousandt, of which the amount of control resources is 21129390,000 tons, accounting for 7089%;The inferred resource is 8676430,000 tons, accounting for 2911%。The limestone ore resources occupied by the slope are 255200,000 tons, the proposed mining rights have 29,550 available limestone ore resources620,000 tons;

5) Mining elevation: +2581m +90m;

6) Assignment period:30 years(including the construction period), which shall be calculated from the date of the start of the validity period specified in the Mining License issued by the transferor to the transferee;

7) Mining method: open-pit mining;

8) Production scale:980.0000000 tons per year;

9) Transaction amount:72990.030,000 tons.

It is worth noting:

(1) Land lease fees for mining rights and mining areas:The mining rights of the limestone mine in the Muminbei Mining Area of Changping Township, Fusui County, Guangxi Province are transferred as "net mines". The people of Changping Township, Fusui County, carried out the transfer of mining areas, with an area of 3696499 acres of land, forest land and its ground appurtenances requisition (lease) and compensation work, to sign a preliminary agreement, the bidder and the relevant rights and interests to sign a formal agreement according to the contract payment method to ensure the work funds, entrusted Guangxi Dihuang Technology *** to carry out land acquisition surveying and mapping, the above requisition (lease), and occupy forest land (including coordinated treatment).8923258.82 million yuan. After the completion of the transaction, the relevant functional departments shall organize the bidder to sign a formal agreement with the relevant stakeholders within 15 working days after signing the Confirmation of Mining Right Transfer Transaction, and pay as agreed. The cost of land acquisition (lease) does not include the cost incurred by the bidder in handling the formalities of forest land occupation, if the bidder needs to expand or use other sites and roads other than the agreement, the costs incurred shall be borne by the bidder separately;

(2) Payment of preliminary work funds:The preliminary work for the transfer of limestone mining rights in Muminbei Mining Area, Changping Township, Fusui County, Guangxi Province shall be carried out by the Natural Resources Bureau of Fusui County, including: detailed investigation of the implementation plan, detailed investigation report, resource reserve division verification report, mineral resources development and utilization plan (change of mining area), project environmental impact assessment report, mine geological environment and land reclamation plan, mine and other report preparation costs and surveying and mapping feesA total of 45641.55 million yuanThe bidder shall transfer a one-time transfer to the designated account of the Fusui County Natural Resources Bureau before signing the Mining Right Transfer Contract. The assessment of the income from the transfer of mining rights is carried out by the Chongzuo Municipal Bureau of Natural ResourcesWorking expenses 190,000 yuanThe bidder shall transfer a one-time transfer to the designated account of the Chongzuo Municipal Bureau of Natural Resources before signing the Mining Rights Transfer Contract;

3) In accordance with the relevant provisions on the transfer of "net mining rights" for sand and gravel minerals, the bidder shall carry out the work of boosting the construction of rural revitalization, and the township (town) and village committee where the bidder will invest resources to promote the construction of rural revitalization. It was agreed by the people of Changping Township, Fusui County and the Mumin Village Committee to better promote the rural revitalization workBidders need to invest 218970,000 yuan (3% of the starting price of the transfer) will be used as the investment fund to promote the revitalization of the Mumin countryside. The specific implementation plan shall be formulated by the bidder in the village committee and township (town) where the commercial resources are located after the normal production of the mine, and shall be implemented after the approval of the people of the county (district).

Editor-in-charge |Liu Chai · Audit |Zhang peng.

*: Chongzuo Municipal Bureau of Natural Resources.

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