Successful transfer of mining rights of a sand and gravel mine in Jinhua, Zhejiang, with a transaction price of 474 million yuan in 36 rounds of bidding

On February 15, the mining right of ordinary building stone (tuff) for the comprehensive development and utilization project of Lishui Village, Punan Street, Pujiang County, Jinhua City, Zhejiang Province, was successfully sold for 11 years, with an annual output of 4.65 million tons and a starting price of 400 million yuan. After 36 rounds of quotations, Zhejiang Ruixuan Mining Co., Ltd. The premium is 74 million yuan. The mining area of the

project is 0.3366 square kilometers, with a resource reserve of 46.16 million tons.

According to the Digital Building Materials DataBM. Com, Zhejiang Ruixuan Mining Co., Ltd. was established in January 2023 with a registered capital of 200 million yuan and a legal representative of Zhu Guorong.

Zhejiang Ruixuan Mining Co., Ltd. needs to allocate machine-made sand processing production line within the mining area under the guidance of the government to meet the needs of local economic and social development, and the management of machine-made sand processing production line needs to meet the relevant requirements.