Approval Granted for Significant Safety Facilities Design Changes at Xiaogaozhai Phosphate Mine, Batian Holdings Announces Expansion Plans

【Batian Holdings: Approval Granted for Significant Changes in Safety Facilities Design at Xiaogaozhai Phosphate Mine】

On March 24th, Batian Holdings announced that the design for significant changes in safety facilities at Xiaogaozhai Phosphate Mine has been approved. With this approval, the production and construction scale of Xiaogaozhai Phosphate Mine has been increased from 900,000 tons per year to 2 million tons per year. The expansion of the construction and extraction scale will benefit the company in enlarging and improving the upstream and downstream industries, further advancing the integrated strategic of phosphorus chemical industry, forming an industrial chain from phosphate ore, phosphate concentrate, to high-purity phosphoric acid (salt) for new energy battery materials, and achieving efficient utilization of rich ore and phosphorus resources. (Financial Union News)