Recently, the Bureau of Natural Resources of Chongzuo City, Guangxi announced the results of the third phase of mining rights listing in 2023, and Chongzuo Huixin Building Materials Co., Ltd. won the mining rights of the mine with 52.0363 million yuan. The mine is sandstone for cement batching, with 18.2366 million tons of siliceous rock ore resources for cement batching.
According to China Cement Network, Chongzuo Huixin Building Materials Co., Ltd. is 90% and 10% owned by Chongzuo Red Lion Cement and Nanning Red Lion Cement respectively. The enterprise has a 5800t/d cement clinker production line, which will be put into operation in May 2022.
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