Tianyuan Group invests in phosphate rock mining and selection project

Tianyuan Group decided to invest 217 million yuan in the construction of “Dingjiawan Phosphorite Mining and Selection Project” by its subsidiary, Mabianchang and Electric Power Co., Ltd., and build a 500,000 t/a concentrator, and expand the mining production scale to 90 Million t/a. To fill the gap in supply of phosphate rock caused by the Wenchuan earthquake. The company also plans to invest 74 million yuan to build 30,000 tons / year trichloroethylene project.
Tianyuan Group purchased 60.8% of Changhe Power in September last year to acquire Mabian Boundless Mining Co., Ltd. to integrate the surrounding small hydropower and phosphate resources. After the completion of the acquisition, Tianyuan Group, in order to rectify the situation of the impoverished mining industry, increased investment in asset optimization, operation and management, and made full use of non-renewable phosphate resources. The company decided to invest 217 million yuan from Changhe Electric Power to use the existing part of the mine's engineering and facilities, improve the development of the transport system, unified planning, unified mining, supporting the construction of a 500,000 t/a concentrator, and expand the mining production scale to 900,000 tons. /a. Change the current low-level, low-level development status and produce high grade phosphorus concentrates for sale.
Tianyuan Group stated that in addition to the supply of Sichuan-based companies, some of the commodities are exported. Phosphate resources in Sichuan are mainly distributed in Jinhe-Qingping area and Mabian area. The production of the three major phosphate mines in Jinhe, Qingping and Shifang accounted for more than 95% of the province's total production. After the Wenchuan earthquake hit hard, the phosphate rock supply gap was relatively large. Phosphorus deposits in the Mabian area are basically unaffected by the earthquake. After the project is completed and put into production, it can fill the gap in the supply of phosphate rock after the Wenchuan earthquake and meet market demand.
The phosphate rock project adopts anti-flotation ore dressing technology to select medium-low grade phosphate ore, which enables the mine to shift from traditional resource-consumption of abandoning poverty-reduced resources to full-scale exploitation of resource-saving, making full use of non-renewable minerals. Resources, so that low-grade ore mining. The construction period is expected to be one and a half years.
Tianyuan Group also plans to invest 74 million yuan to build a 30,000-ton/year trichloroethylene project. The main entity of the implementation is 94.4% of the company's subsidiary Yibin Haifeng and Rui Co., Ltd. Tianyuan Group stated that trichloroethylene is one of the main raw materials for the production of green refrigerant HFC-134a, which is in line with national industrial policies and environmental protection guidelines. China has decided to completely stop the use of ODS. Therefore, it is urgent to develop HFC-134a, a replacement product for HCFCs, which is the main raw material of HFC-134a as an alternative, and its development has become The top priority of the work.
In addition, the electronic industry in China has developed rapidly in recent years. As an excellent cleaning agent for electronic components, the demand for trichloroethylene has increased year by year.

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