Guangxi Huying Cement Intends to Win the Mining Right of Limestone Mine for Cement with 113 Million yuan

2024-02-28 14:58:45

Guangxi Huying Cement Co., Ltd. won the mining right of Houyanlatan Limestone Mine in Dongjiang Town, Jinchengjiang District for 113 million yuan. The identified limestone resources in the mining area are 82.304 million tons, and the estimated recoverable reserves are 78.188 million tons. The company has two cement clinker production lines with an annual output of 4000 tons/day.

Recently, the results of the transfer of the mining right of Houyanlatan Cement Limestone Mine in Dongjiang Town, Jinchengjiang District were announced, and Guangxi Huying Cement Co., Ltd. won the mining right of the mine for 113 million yuan.

According to the detailed survey report, as of May 9, 2022, the accumulative limestone ore resources (controlled + inferred) for cement in the mining area are 82.304 million tons (of which, the controlled ore resources are 53.1485 million tons, accounting for 64.58% of the total ore resources; The inferred ore resource is 29.1555 million tons, accounting for 35.42% of the total ore resource).

Resource development and utilization: the designed available ore resources (controlled + inferred) is 82.304 million tons, and the recovery rate is calculated as 95%, so the recoverable reserves of the mine is 78.188 million tons.

According to China Cement Network, Guangxi Huying Cement Co., Ltd. has two 4000t/d cement clinker production lines.

Source: Cement Net APP

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