China: Xinjiang Tianshan Cement, a subsidiary of Chizhou CNBM New Materials, has acquired mining rights for the Hengshan mining area and peripheral mines in Chizhou City’s Guichi District in Anhui province for US$376m. Reuters has reported that the company plans to make a total investment of US$1.38bn in establishing its mining operations there. The mines have limestone reserves of 513Mt and will be operational until 2043.
Xinjiang Tianshan Cement to establish 40Mt/yr limestone mine in Guichi District
URL: https://www.globalcement.com/news/item/14030-xinjiang-tianshan-cement-to-establish-40mt-yr-limestone-mine-in-guichi-district
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