Yuntianhua (600096.SH) announced that the company participated in Yunnan Yuntianhua Polyphosphorous New Materials Co., Ltd. (abbreviated as “...
Zhitong Finance App News, Yuntianhua (600096.SH) announced that the company's shareholding company, Yunnan Yuntianhua Polyphosphorus New Material Co., Ltd. (“Polyphosphorous New Material”), won 800 million yuan for the survey prospecting rights for the Wanchang Phosphate Mine in Zhenxiong County, Yunnan Province, and signed a “Prospecting Rights Transfer Transaction Confirmation” with the Yunnan Provincial Government Procurement and Distribution Center. The results of the sale of prospecting rights are currently being announced.
According to reports, the Wanchang phosphate mine in Zhenxiong County is located in the three blocks of Fengjiagou, Zhujiachang, and Qingba Village in the Yangchang-Mangbu phosphate mining area of Zhenxiong County. The region is rich in phosphate resources. The survey block area for this sale is 23.1,577 square kilometers. This competition for the right to prospecting will help enhance the company's ability to guarantee phosphate resources.