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Home / Metal News / Precious Metals / Inner Mongolia Invites Investment for Copper, Molybdenum Mine in Arun Banner
Inner Mongolia Invites Investment for Copper, Molybdenum Mine in Arun Banner
Mar 26,2014 11:46
CSTindustry news
Source:SMM
Inner Mongolia’s Hulunbuir city is inviting investment for a metal mine which has a measured reserve of 150,000 tonnes of molybdenum, 40,000 tonnes of copper and 200 tonnes of silver.
SHANGHAI, Mar. 26 (SMM) – Inner Mongolia’s Hulunbuir city is inviting investment for a metal mine which has a measured reserve of 150,000 tonnes of molybdenum, 40,000 tonnes of copper and 200 tonnes of silver.
The mine area is located in Hulunbuir’s Arun banner, is 30.92 square kilometers in size and suited for open-pit operations, the local government said on its website on Mar. 22.
Total investment to develop the mine is estimated at 2 billion yuan ($325 million), annual revenue and tax at 4 billion yuan and 1.5 billion yuan, respectively, it said.
Inner Mongolia Hulunbuir Arun molybdenum mine
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