On January 9, Zhejiang Youmei Mining Co., Ltd. won the mining right of ordinary building stone (tuff) for the comprehensive development and utilization project of Shankengsi Mine in Lutan Town, Wuyi County, Zhejiang Province with 995 million yuan.
The project is planned to be sold for 5 years with an annual output of 5.5 million tons. The mining area covers an area of 0.4060 square kilometers. Within the mining area, the controlled resources of building stones are 24.8293 million cubic meters (63.8113 million tons), and the controlled resources of ballast are 2.3913 million cubic meters (5.9813 million tons), totaling 69.7926 million tons. The initial price of
listing transfer is 800 million yuan, and the range of price increase is 5 million yuan or integral multiples of 5 million yuan. Finally, after 36 rounds of bidding, Zhejiang Youmei Mining Co., Ltd. pocketed the mining right for 995 million yuan.
According to the Digital Building Materials DataBM. Com, Zhejiang Youmei Mining Co., Ltd. was established in August 2022 with a registered capital of 20 million yuan, which was co-funded by Wuyi Sanmei Investment Co., Ltd. and Feiyu Chuangqi Investment Partnership in Meishan Bonded Port Area of Ningbo, accounting for 60% and 40% of the shares respectively.