SMM: on July 8, Tibet Xinhu Mining Co., Ltd. received an examination and approval from the Department of Emergency Management of the Tibet Autonomous region on the design of safety facilities for the mining production system above 5160 of the middle section of the Xinhu Dongzhongla lead-Zinc Mine in Tibet. The approval indicates that Xinhu in Tibet has the external conditions to carry out the resumption of underground production system.
In February this year, Yunnan Chihong Zinc and Germanium Co., Ltd. set up the key work Promotion Group of the Xinhu Mine in Tibet to speed up the construction of the lead-zinc mine project in the Xinhu Mine in Tibet.
The Dongzhongla lead-zinc mine developed by Chihong Zinc and Germanium is located at an altitude of more than 5160 meters above sea level in Mozhu Gongka County, Tibet Autonomous region. it is designed to contain a mining and separation system of 600000 tons per year, and it is planned to build a first-phase mining and separation capacity of 350000 tons per year by 2023. After the completion of the project, Xinhu, Tibet will become the fifth modern lead-zinc mine with an annual output of more than 300000 tons in Chihong zinc and germanium. Chihong zinc, germanium, lead and zinc minerals will be able to exceed 3.3 million tons per year, and the supply rate of the company's own smelting resources will rise to more than 75%. Further enhance the company's profitability.
Xinhu Mine in Tibet is one of the first high-altitude zinc and germanium mining projects in Chihong, which is of great demonstration significance to the company's plateau mine development in the future.
Xinhu Mine in Tibet has always received the attention and strong support of the local government of the Tibet Autonomous region, the investment environment is relatively good, and it has given all-round support in project examination and approval, labor service indicators and community relations coordination.
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