Starting Price 280 Million, Guangdong Leizhou Bidding to Sell the Mining Right of a Sandstone Mine

On August 1, Leizhou Natural Resources Bureau issued a notice to bid for the transfer of basalt mining rights for construction and backfilling in Caoluoling Mining Area, Leizhou City, Guangdong Province, with a starting price of 280 million yuan for 30 years. The mining area of the

project covers an area of 2.188 square kilometers, and the resources of basalt for construction within the scope of the transferred mining area are 41.998 million cubic meters, of which the controlled resources are 35.01 million cubic meters and the inferred resources are 6.988 million cubic meters; The reserved resources of basalt for backfilling are 71.107 million m3, of which the controlled resources are 64.755 million m3 and the inferred resources are 6.352 million m3. The volume of the stripped overburden is 23.948 million cubic meters, including 6.617 million cubic meters of eluvial-deluvial layer and 17.331 million cubic meters of completely weathered layer.

It should be noted that the original Caoluoling quarry, the original Chenkan Xiaoyi quarry and the original Heli quarry are included in the mining area of the transferred mining right. After years of production, the three quarries have formed a certain scale of mining pits within the original mining area. Starting and ending time of

application: August 1, 2023-September 8, 2023

Listing time: August 29, 2023-September 12

, 2023 Development and Utilization Plan prepared for the transfer of mining rights. It is based on the relocation of Y430 Township Road Section under the jurisdiction of Leizhou Transportation Bureau, Caoluoling Transmitting Station of Leizhou Radio and Television Station, 35 KV Torch Substation of Zhanjiang Leizhou Power Supply Bureau of Guangdong Power Grid Co., Ltd., 10 KV West Line Trunk # 50- # 65 Pole Section Line, Wind Power Underground Cable Equipment, etc. Bidders should fully understand the relocation of Y430 Township Road Section under the jurisdiction of Leizhou Transportation Bureau, Caoluoling Transmitting Station of Leizhou Radio and Television Station, the main line of 10 kilovolt West Line # 50- # 65 of 35 kilovolt Torch Substation of Zhanjiang Leizhou Power Supply Bureau of Guangdong Power Grid Co., Ltd., and the underground cable equipment of wind power generation. The bidder shall bear the consequences of the failure to coordinate and solve the problem.