Linyi, Shandong successfully sold the mining right of a dolomite mine for construction.

On March 24, the mining right of dolomite mine for construction in Xibeicun Mining Area, Lanling County, Linyi City, Shandong Province was successfully sold for 11 years, with a starting price of 59.2 million yuan. Lanling Chengtou Anhe Mining Co., Ltd. won the bid with 59.28 million yuan, with a premium of 80,000 yuan. The mining area of the

project is 0.1518 square kilometers, with a resource reserve of 24.192 million tons and a designed recoverable reserve of 14.485 million tons.

According to the Digital Building Materials DataBM. Com, Lanling Chengtou Anhe Mining Co., Ltd. was established in March 2022 with a registered capital of 10 million yuan, which was jointly established by Lanling Chengtou Mining Co., Ltd., Linyi Wanshun Building Materials Trading Co., Ltd., and Lanling Hanxiang Vegetable Food Co., Ltd. Shares accounted for 51%, 24.5% and 24.5% respectively.