--- title: "SCGS: The holding subsidiary has obtained a mining license" type: "News" locale: "en" url: "https://longbridge.com/en/news/255436289.md" description: "SCGS's subsidiary Beichuan Yuding New Materials Technology Co., Ltd. obtained the mining rights for the Round Bag Mountain metallurgical dolomite mine in Beichuan Qiang Autonomous County, Sichuan Province, on January 24, 2025, and received the mining license on September 1, 2025. The license is valid for 30 years, with an annual mining scale of 9.7 million tons and a mining area of 0.9649 square kilometers. This move will help the company increase its mineral resource reserves, enhance its sustainable operational capacity, and improve future performance" datetime: "2025-09-01T09:16:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/255436289.md) - [en](https://longbridge.com/en/news/255436289.md) - [zh-HK](https://longbridge.com/zh-HK/news/255436289.md) --- # SCGS: The holding subsidiary has obtained a mining license SCGS announced that its subsidiary Beichuan Yuding New Materials Technology Co., Ltd. won the mining rights for the metallurgical dolomite mine at Yuanbao Mountain in Beichuan Qiang Autonomous County, Sichuan Province, on January 24, 2025. On September 1, 2025, Beichuan Yuding received the "Mining License" issued by the Mianyang Natural Resources and Planning Bureau. The main contents of the mining license include: License No. C5107002025086140158776, the mining rights holder is Beichuan Yuding New Materials Technology Co., Ltd., located at Room 406, No. 5 Wangchong Street, Yongchang Town, Beichuan Qiang Autonomous County, Mianyang City, Sichuan Province. The mine name is the metallurgical dolomite mine at Yuanbao Mountain in Beichuan Qiang Autonomous County, the economic type is other limited liability company, the mined minerals are metallurgical dolomite and construction dolomite, the mining method is open-pit mining, the production scale is 9.7 million tons/year, the mining area is 0.9649 square kilometers, and the validity period is thirty years, from August 20, 2025, to August 20, 2055. Obtaining the mining license is beneficial for increasing the company's mineral resource reserves and will have a positive impact on the company's sustainable operational capacity and future operating performance ### Related Stocks - [600678.CN](https://longbridge.com/en/quote/600678.CN.md) ## Related News & Research - [Polytechnic students create AI chatbot to improve access to special needs resources and support](https://longbridge.com/en/news/286932477.md) - [Strathmore Confirms 85% Mineralization Hit Rate at Agate | SUUFF Stock News](https://longbridge.com/en/news/287092474.md) - [Tim Lamb Group Completes Sale of Seven Firelands Automotive Group Dealerships in Northern Ohio](https://longbridge.com/en/news/286806685.md) - [Cantonese restaurant Wing Seong Fatty’s to end 100-year run](https://longbridge.com/en/news/286856179.md) - [15:21 ETTEAMSTERS AT BIMBO BAKERIES RATIFY NEW AGREEMENT](https://longbridge.com/en/news/286810426.md)