According to the Western Mining Industry announcement, Qinghai Ganxin Mining Development Co., Ltd., a wholly-owned subsidiary of the company, recently obtained a mining license for the Golmud Tawenchahan Iron Polymetallic Mine issued by the Qinghai Provincial Department of Natural Resources to complete the “exploration and conversion” work for the mine. The mine's mining minerals include iron ore, copper ore, gold ore, etc. The mining area is 3.0754 square kilometers, and the validity period is from August 31, 2026 to August 30, 2043; it has 369.545 million tons of industrial iron ore resources, with an average grade of 30% MfE, which is associated with various metal resources. Obtaining this mining license will enhance the company's ability to guarantee iron resources and consolidate the advantages of the iron ore industry. The mine still needs to go through relevant approval procedures to finally be put into operation, and there is uncertainty about the mining results.

According to the Western Mining Industry announcement, Qinghai Ganxin Mining Development Co., Ltd., a wholly-owned subsidiary of the company, recently obtained a mining license for the Golmud Tawenchahan Iron Polymetallic Mine issued by the Qinghai Provincial Department of Natural Resources to complete the “exploration and conversion” work for the mine. The mine's mining minerals include iron ore, copper ore, gold ore, etc. The mining area is 3.0754 square kilometers, and the validity period is from August 31, 2026 to August 30, 2043; it has 369.545 million tons of industrial iron ore resources, with an average grade of 30% MfE, which is associated with various metal resources. Obtaining this mining license will enhance the company's ability to guarantee iron resources and consolidate the advantages of the iron ore industry. The mine still needs to go through relevant approval procedures to finally be put into operation, and there is uncertainty about the mining results.