On December 30, Jinggang Mining Development Co., Ltd. of Sanmen County, Taizhou City, Zhejiang Province won the mining right of Xiayinyanshan Building Stone (Tuff) Mine in Yanzhan Village of Hairun Street and Nanting Village of Shaliu Street for 687 million yuan. The mining area of the
project is 0.3712 square kilometers, and the total amount of transferred resources within the mining area is 46.0065 million tons. It is planned to be transferred for 5 years, and the initial listing price is 600 million yuan.
According to the Digital Building Materials DataBM. Com, Sanmen Jinggang Mining Development Co., Ltd. was established in February 2022 with a registered capital of 50 million yuan. It is a wholly-owned subsidiary of Sanmen Resources and Energy Group Co., Ltd. and belongs to a state-owned enterprise.