Rising Nonferrous Metals' holding subsidiary gets rare earth prospecting permit
2020-11-20 11:33:53 [Print]
On 19 November, Rising Nonferrous Metals announced that its holding subsidiary Xinfeng Rising Rare Earth Development Co., Ltd., 55% equities of which are held by Rising Nonferrous Metals, got the prospecting permit from Ministry of Natural Resources for Guangdong Xinfeng Yoatian Zuokeng rare earth deposit exploration project.
Holding the Guagndong Xinfeng Yaotian Zuokeng copper polymetallic deposit prospecting permit, Xinfeng Rising Rare Earth Development found rich rare earth reserves with excellent mineralization prospect in this area after years of geological exploration, so the company applied to Ministry of Natural Resources for changing exploration minerals. Upon the approval, the mineral is changed to rare earth ore from copper polymetallic ore.
Holding the Guagndong Xinfeng Yaotian Zuokeng copper polymetallic deposit prospecting permit, Xinfeng Rising Rare Earth Development found rich rare earth reserves with excellent mineralization prospect in this area after years of geological exploration, so the company applied to Ministry of Natural Resources for changing exploration minerals. Upon the approval, the mineral is changed to rare earth ore from copper polymetallic ore.
