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Financing project of magnesium in Hubei

Shanghai International Mining Exchange

Project Information
Project No.   20170510383090
Project Name   Financing project of magnesium in Hubei
Project Classification Equity of mining company
Location   Hubei/ China
Minerals   Magnesium
Project Information Mining area   0.6426km2
Reserves/grade   

(112b+333)quantity resources: 9.754 million tons, 112b ore reserves: 3.834 million tons, 333 ore reserves: 5.92 million tons

Average grade: 21.32%

Mining method   Opening mining
Supporting facilities   
Others

Convenient transportation

Water resource is rich, and there are some size reservoirs.

The population density is small. The temperature is moderate. The resources of water, electricity and human are abundant, but the economic condition is relatively backward.

 

Main ore body: No. I

Average grade of MgO 21.33%; Average content of SiO2 1.51%.

According to the requirements o the latest industrial index, ore products belong to selected quality.

To be estimated, the total ore quantity 1.687 million tons, accounting for 18.09% of total 9.325 million tons.

 

Mineral processing is not necessary.

After crushing and grinding, ore can be directly used in high purity magnesium oxide production line.

 

According to the scale of production, annual output 10000 tons of magnesium products, including 3000 tons of primary magnesium ingot and 7000 tons of high purity magnesium oxide, and annual output 36000 tons of purity 95% anhydrous calcium chloride.

The production scale of this mine is 0.2 million tons each year, service life is 34.8 years. 

Progress   
Cooperation   Raise one hundred million Yuan, accounting for 45% of the equity.
Keywords   
Listing   
Quoted Price   
Deadline   2017-05-31 to 2018-05-30
Address    Zip Code   
Name   Eric Wang Website   www.shumx.com
Telephone   +86-21-66283339 Fax   
Mobile phone    E-mail   ericwang@shumx.com

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