Turpan City Successfully Listed and Sold Three Mining Rights, the Transaction Price Exceeded 200 Million yuan

On January 4, Turpan successfully listed three mining rights for sale, with a transaction price of 239.29 million yuan and a premium of 824.27%.

It is reported that the auction was conducted in Turpan Public Resources Trading Center, and the starting price of three mining rights in Turpan was 25.8932 million yuan. They are Jianshan dolomite mine in Shanshan County, Xinjiang, limestone mine for ferrous metallurgical flux in the periphery of Kaladun in Shanshan County, Xinjiang, and Lumutai I and III limestone mine (for cement) in Toksun County, Xinjiang. After fierce bidding, the transaction exceeded the starting price by 213.43 million yuan. The relevant person in charge

of Turpan Natural Resources Bureau introduced that the market response of the three mining rights listed for sale was strong. With the development of local economy and society, the competitiveness of mineral resources as a basic industry has been continuously strengthened, and the market demand for non-metallic minerals such as limestone and dolomite has also been increasing. The efficient utilization of mineral resources will gradually become an important support to promote the sustainable development of regional economy. The successful transfer of three mining rights will further promote the green, healthy and sustainable development of the city's mining rights market, improve the ability of resource security, and maximize the benefits of national resources.

In recent years, the development and utilization of mineral resources have provided important guarantee and support for Turpan's economic development. With the development of market economy and the warming of mining investment, the mineral resources market in Turpan will usher in greater development opportunities and investment space, the prospect of mineral development will be broader, and the demand for market competition of mining rights will be more urgent. With the strong support of the Turpan Municipal Committee and the Municipal Government, the Turpan Natural Resources Bureau has deeply studied and implemented the spirit of the 20th National Congress of the CPC, completely, accurately and comprehensively implemented the new development concept, based on the local resource endowment, given full play to the advantages of Turpan's mineral resources, which are numerous, widely distributed and abundant in reserves, and highlighted the advantages of resources. We will further improve the efficiency of market-oriented allocation of mineral resources, continuously enhance the ability of mineral resources to guarantee the sustainable development of Turpan's economy and society, and smoothly realize the transformation of a number of high-quality mineral resources from resource advantages to economic advantages, so as to fully reflect the advantages of market-oriented competitive transfer of mining rights.