On March 20, Huaxin Cement (Wuxue) Company successfully won the bid for limestone for cement, dolomite (limestone) for building stone and shale for cement ingredients in Datang-Yupingshan Mining Area, Wuxue City, Hubei Province with about 765 million yuan. Within the
mining area, there are 84.7018 million tons of limestone ore for cement, 8000 tons of dolomite and limestone ore for building stones, and 3.075 million tons of shale ore for cement ingredients, totaling about 500 million tons.
The project has a planned annual production capacity of 55 million tons and a transfer period of 12.5 years.
It is understood that three mining rights were originally set up within the mining area. In accordance with the relevant requirements of the Work Program for the Reform of the Transfer System of Mining Rights in Hubei Province (E Ban Wen [2018] 2), the third-party evaluation agencies have assessed the net residual value of the fixed assets left behind by the original mining rights holders (including ground houses, power facilities, roads, paid disposal within the scope of the original mining rights but not consumed reserves, etc.). The appraisal value is RMB One Billion Four Hundred and Ninety-Eight Million Five Hundred and Thirty-Six Thousand and Eight Hundred yuan Only (in figures: 149853: 680,000 yuan) . The value of this part is not within the range of the base price of the listing transfer, and shall be paid separately by the bidder within 5 working days from the date of signing the confirmation of the transaction for compensation to the original mining right holder.
That is to say, in addition to paying the normal income from the transfer of mining rights, Huaxin also has to pay nearly 1.5 billion yuan to compensate the original mining rights holders. The cost per ton is about 4.53 yuan.
Huaxin Cement (Wuxue)
As we all know, mines provide the main raw materials needed by cement enterprises, just as grain is the main food for people. For cement enterprises, mines are the basis of their production, and their importance can even be described as "those who get mines get the world". In the highly competitive cement market, enterprises with their own mines not only have the advantage of low cost of clinker production, but also have the potential to extend the aggregate project with their own mines. With the increasingly fierce competition in the
cement industry, having stable mine resources can enhance the competitiveness of enterprises and make enterprises have more strategic advantages for long-term development.
Cement industry has serious overcapacity, the impact of peak staggering production on the supply side has declined significantly, the "competition and cooperation relationship" formed over the years has broken down, and the pressure of industry operation has doubled. On March 28-29, China Cement Network will hold the " 13th China Cement Industry Summit and TOP100 Award Ceremony " in Hangzhou, during which awards will be given to top 100 cement and supplier enterprises, and experts and scholars will be invited. China Railway and other construction units jointly discuss the new development trend of the cement industry in the future, and work together to create the future!
