State-owned enterprises successfully sold the mining right of a construction stone mine in Jinhua, Zhejiang for 68 million yuan

On June 9, the mining right of ordinary building stone (tuff) mine of the comprehensive development and utilization project of Liuan Reservoir Mine in Pan'an County, Jinhua City, Zhejiang Province was successfully transferred for three years, with an initial listing price of 67 million yuan. Pan'an County Transportation and Water Conservancy Construction Group Co., Ltd. won 68 million yuan, with a premium of 1 million yuan. The mining area of the

project is 0.0954 square kilometers, with a resource reserve of 3.438 million cubic meters (8.7674 million tons).

According to the Digital Building Materials DataBM. Com, Pan'an Transportation and Water Conservancy Construction Group Co., Ltd. was established in September 2012 with a registered capital of 200 million yuan, which is a wholly-owned subsidiary of Pan'an State-owned Assets Management Co., Ltd. and belongs to a state-owned enterprise.

Pan'an is located in the central part of Zhejiang Province, at the junction of the radiation circles of Hangzhou, Ningbo, Wenzhou and Jinyi metropolitan areas. The county is rich in mineral resources that can produce building stones, mostly tuff for construction, and the resources are all over the villages and towns.