--- title: "YBTY: Subsidiary invests 107 million yuan to build a green mining project" type: "News" locale: "en" url: "https://longbridge.com/en/news/254623581.md" description: "YBTY's wholly-owned subsidiary, Mabianguo Mining Co., Ltd., plans to invest 107 million yuan to construct a green mining project. The project includes ecological restoration, mining area environmental management, and intelligent control systems, with a construction period expected to be 36 months, funded by self-raised capital. Upon completion, the project will enhance the mining area's environment and resource utilization, yielding significant social benefits" datetime: "2025-08-26T12:02:11.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/254623581.md) - [en](https://longbridge.com/en/news/254623581.md) - [zh-HK](https://longbridge.com/zh-HK/news/254623581.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/254623581.md) | [繁體中文](https://longbridge.com/zh-HK/news/254623581.md) # YBTY: Subsidiary invests 107 million yuan to build a green mining project YBTY announced that its wholly-owned subsidiary, Mabi Wuqiong Mining Co., Ltd., plans to invest 107 million yuan to construct the Wuqiong Dingjia Phosphate Mine Green Mine Construction Project. This project includes ecological restoration and environmental management of the mining area, the construction of a centralized control center building and an intelligent control system for the mine, water treatment in a 990-square-meter tunnel, a three-year special action for fundamental remediation of the mine, and the establishment of a cemented filling mining system, among others. The construction period of the project is expected to be 36 months, with funding sourced from self-raised funds. Upon completion, the project will enhance the mining area's environment, resource extraction, comprehensive resource utilization, green low-carbon initiatives, ecological restoration and environmental management, as well as technological innovation and standardized management capabilities, playing a key role in achieving production targets and providing significant social benefits ### Related Stocks - [YBTY (002386.CN)](https://longbridge.com/en/quote/002386.CN.md) ## Related News & Research - [Vietnam asks Japan, South Korea for help in crude oil access](https://longbridge.com/en/news/279200670.md) - [TABLE-Asian physical rubber prices - March 16](https://longbridge.com/en/news/279223210.md) - [BYD mulls new plant in Canada – and the acquisition of a global carmaker](https://longbridge.com/en/news/279256751.md) - [Swire Pacific (SEHK:19) One Off HK$6.7b Loss Tests Bullish Earnings Growth Narrative](https://longbridge.com/en/news/279080849.md) - [China's GEM says no permit revocation at Indonesia nickel JV after landslide](https://longbridge.com/en/news/279378316.md)