Zhongse Group: Controlled subsidiary Zhongse Bai Kuang plans to expand the production capacity of Bai Yinnuoer lead-zinc mine from 990,000 tons per year to 1.65 million tons per year.
China Color Corporation announced that its holding subsidiary, Chifeng China Color Baiyinnuo'er Mining Co., Ltd. recently received a "Mining License" issued by the Chifeng City Natural Resources Bureau. The license allows the production scale of the Baiyinnuo'er lead-zinc mine of Chifeng China Color Baiyinnuo'er Mining Co., Ltd. to be expanded from 990,000 tons/year to 1.65 million tons/year, with a mining area of 4.03 square kilometers. The validity period is from June 19, 2025 to March 29, 2036. This move is conducive to the company's mineral resource production capacity enhancement. The company will actively study and promote project construction to enhance profitability and market competitiveness, promote sustainable development.
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