Auction results released for Sichuan Hongge V-Ti magnetite mining claim
2023-11-20 11:49:37 [Print]
Sichuan Vanadium Titanium Industry Investment and Development Co
Hongge V-Ti magnetite mine is located in Xinjiu, Yanbian, with mineral reserves including approximately 3.256 billion tonnes of iron ore, 285 million tonnes of titanium dioxide, 5 . 99 million tonnes of vanadium pentoxide and 488,400 tonnes of cobalt.
. , Ltd . has won the auction for a 30-year mining claim of Hongge vanadium-titanium magnetite mine in Yanbian, Sichuan for RMB6 . 1 billion (USD848 million), according to a notice issued by the Sichuan Public Resources Trading Platform.Hongge V-Ti magnetite mine is located in Xinjiu, Yanbian, with mineral reserves including approximately 3.256 billion tonnes of iron ore, 285 million tonnes of titanium dioxide, 5 . 99 million tonnes of vanadium pentoxide and 488,400 tonnes of cobalt.