The transaction price is 12.46 million yuan! Yatai Group Wins New Mining Rights

On October 12, the Department of Natural Resources of Liaoning Province issued the Announcement of the Results of Online Listing and Transfer of Dolomite (Cement) Mining Rights in Xisanchazi Village, Hengdaohezi Town, Tieling County, Liaoning Province.

Yatai Group Tieling Stone Co., Ltd. successfully won the above mining rights with a transaction price of 12.46 million yuan. According to the

Data, according to the Report on the Verification of Dolomite (Cement) Mineral Resource Reserves in Xisancha Village, Hengdaohezi Town, Tieling County, Liaoning Province Reply to the Review and Filing (TZZCBZ [2024] No.1), as of November 2024, the total inferred + indicated (TD + KZ) resources of dolomite (for cement) in the verified area are 8.536 million tons, of which the indicated (KZ) resources are 4.3124 million tons. The inferred (TD) resource is 4,223,600 tons.