Recently, the Duchang Jinding Tungsten and Molybdenum Mining Project, which received an investment of 640 million yuan, has officially started operations. This marks a major milestone for the company and the local economy.
The new facility is designed to process 4,500 tons of ore daily, producing approximately 2,650 tons of tungsten concentrate and 900 tons of molybdenum concentrate annually. With current market prices, the project is expected to generate an annual revenue of around 400 million yuan, while contributing over 60 million yuan in taxes and fees.
In addition to its economic impact, the project is also creating employment opportunities for nearly 400 local residents, helping to boost the regional workforce and support related industries such as transportation, logistics, and equipment maintenance.
According to available data, the mine currently holds confirmed reserves of 3,924.4 tons of tungsten and molybdenum ore, containing 345,900 tons of tungsten metal and 15,400 tons of molybdenum. With additional long-term reserves, the mine is projected to operate for more than 30 years, ensuring sustained production and economic benefits for the region.
This development highlights the company’s commitment to sustainable mining practices and long-term growth, positioning it as a key player in the national mineral resources sector.Magnetic Level,Magnetic Level Gauge,Magnetostrictive Level,Float Level Gauge
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