Zhongjin Mining Wins Exploration Rights for Fuxingtun Silver-Lead-Zinc Mine in Inner Mongolia Auction

Published: Feb 11, 2026 19:15

Save

[Metallurgical Enterprise Dynamics] On February 11, in an auction conducted on the Inner Mongolia Autonomous Region's natural resource online trading system, Zhongjin (Xing'an League) Mining Co., Ltd. won the exploration rights for "Detailed Survey of Area 1 of the Fuxingtun Silver-Lead-Zinc Polymetallic Mine in Horqin Right Wing Front Banner, Inner Mongolia Autonomous Region" with the highest bid of 7.87 billion yuan. The resource amount reviewed and filed as of 2020 is as follows: silver ore volume 26.292 million mt (silver metal content 5,105 mt (grade 194.17 g/mt)); associated zinc metal content 235,700 mt, lead metal content 135,200 mt, constituting a large-scale concealed deposit.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.hoursAgo

Ford Reports $187.3B Revenue, Aims for $8-10B EBIT by 2026

[Automaker Dynamics] On February 11, Ford Motor Company released its 2025 financial report, with annual revenue of $187.3 billion and adjusted EBIT of $6.8 billion. It is projected that adjusted EBIT will reach $8-10 billion in 2026.

Common.Time.hoursAgo

China Nonferrous, China Gold Sign Pact for Strategic Mineral Exploration and Development Cooperation

[Mining and Metallurgical Enterprise Dynamics] Yesterday, China Nonferrous Metal Mining (Group) Co., Ltd. and China Gold Group Co., Ltd. signed a comprehensive framework agreement to deepen strategic cooperation. In the fields of geological exploration and mineral resource development, the two parties will collaborate on prospecting, exploration, resource investment, and development, focusing on key metallogenic belts both domestic and overseas, as well as regions along the Belt and Road, jointly expanding the overseas mineral resource market.

Common.Time.hoursAgo

Kungong Tech Completes Battery Energy Storage System at Nantong Cloud Computing Center

[Lead-Acid Battery Market Update] Recently, Kungong Technology, in collaboration with Yunduan Co., Ltd. at the Nantong Cloud Computing Power Center, successfully completed the construction of the battery room energy storage system for the computing power center. This center serves as a critical high-performance computing and cloud computing infrastructure in east China, marking another significant breakthrough in the application of its independently developed aluminum-based lead-carbon battery technology within the ESS sector for computing power centers. This project, located in Tongzhou District, Nantong City, Jiangsu Province, at the Nantong Cloud Computing Power Center of Yunduan Co., Ltd., represents a typical ESS application for computing power centers.

Common.Time.hoursAgo