Yuntu Holdings Unveils Phosphate Ore Resources: 549 Million Tons Reserve in Sichuan Province

Published: May 22, 2024 09:27

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[Phosphate ore: Yuntu Holdings has three phosphate ore deposits with a reserve of 549 million tons] On May 21, Yuntu Holdings (002539) issued an investor relations activity record sheet introducing phosphate ore resources: the company has three phosphate ore deposits in Leibo, Sichuan Province, with a reserve of about 549 million tons of phosphate ore. Among them, the reserve of the phosphorus mine in the east section of Niuniuzhai is about 181 million tons, and the mining right certificate has been obtained. The construction of a 4 million tons/year mining engineering project is underway; the reserves of phosphorus mines in the west section of Niuniuzhai and Aguluoja phosphorus mines are about 229 million tons and 139 million tons respectively. The prospecting right certificate has been obtained, and the review and record-filing procedures for the reserve of phosphorus ore resources have been completed. The relevant procedures for the "exploration to mining" of Aguluoja phosphorus mine are being promoted in an orderly manner. In the future, after the phosphate ore is put into production and reaches its full capacity, it will fully meet the production demand for yellow phosphorus, iron phosphate, phosphorus fertilizer and other products, achieve self-sufficiency in phosphate ore, and effectively reduce production costs.

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