Jizhong Energy starts building Baijian Iron Mine Resource Exploration Project
2020-12-30 15:49:56 [Print]
On the morning of December 30, Jizhong Energy Co., Ltd. held a groundbreaking ceremony for Baijian Iron Mine Exploration Project.
Baijian Iron Mine is an iron ore resource mining project, and the final product is iron concentrate. With the total investment of RMB1.84 billion (USD283 million), the project owns the designed production capacity of 2 million tons of raw ore per year, and the service life of 33 years. The annual operating income is expected to reach more than RMB1.5 billion (USD230 million) with the annual profit and tax of over RMB 1 billion (USD153 million).
Baijian Iron Mine is an iron ore resource mining project, and the final product is iron concentrate. With the total investment of RMB1.84 billion (USD283 million), the project owns the designed production capacity of 2 million tons of raw ore per year, and the service life of 33 years. The annual operating income is expected to reach more than RMB1.5 billion (USD230 million) with the annual profit and tax of over RMB 1 billion (USD153 million).
