Kings Resources to build fluorspar dressing plant in Mongolia
2024-12-11 14:15:28 [Print]
China Kings Resources Group Co., Ltd. announced that it plans to set up a wholly-owned subsidiary (Lacwest FlLLC) in Mongolia for developing a fluorspar beneficiation plant with ore dressing capacity of 1,500 tonnes per day, as the company seeks to further expand mineral processing capacity.
Kings Resources plans to invest, through its holding subsidiary Zhejiang Huameng Holdings Co., Ltd, approximately RMB173 million (USD23.86 million) in total to build the beneficiation plant in Dornogovi Province of Mongolia, and the construction is expected to take 24 months. The new plant has a designed ore dressing capacity of 1,500 tonnes per day and 450,000 tonnes per annum. When fully operational, it will be able to produce 180,000 tonnes of fluorspar concentrate annually.
Kings Resources plans to invest, through its holding subsidiary Zhejiang Huameng Holdings Co., Ltd, approximately RMB173 million (USD23.86 million) in total to build the beneficiation plant in Dornogovi Province of Mongolia, and the construction is expected to take 24 months. The new plant has a designed ore dressing capacity of 1,500 tonnes per day and 450,000 tonnes per annum. When fully operational, it will be able to produce 180,000 tonnes of fluorspar concentrate annually.
Calcium Granule Reductive 98%min FOB China
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China reductive calcium clump producers' output statistics by province by month
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