On November 25, the Natural Resources and Planning Bureau of Xingtai City, Hebei Province, issued a notice on the "Auction and Transfer of Resources in the New Limestone Mining Area for Black Shanxi Cement of Xingtai Jinyu Yongning Cement Co., Ltd." The starting price of the auction is 13.77 million yuan.

The announcement shows that Xingtai Jinyu Yongning Cement Co., Ltd. is located in Qicun Town, Shahe City, Xingtai City, Hebei Province, covering an area of 0.34 square kilometers, and the mining method is open-pit mining. Resource reserves
of the mining area: the available resources (indicated + inferred) are 13.603 million tons, including 6.037 million tons of indicated resources, 7.566 million tons of inferred resources and 10.5766 million tons of estimated recoverable reserves.
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