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LongbridgeAI

SCGS: The holding subsidiary has obtained a mining license

Zhitong
Sep 1, 2025 at 09:16 AM

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

Source: Zhitong The copyright of this article belongs to the original author/organization.

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