Project Of Newly-building Works Of Dongrong Fourth Mine and Coal Dressing Plant
Name of project: Project Of Newly-building Works of Dongrong Fourth Mine and Coal Dressing Plant of Longmay Mineral Group Shuangyashan Branch Company
Scale of project: Carbinol: 1.2 million tons per annum.
Brief description on the project: The mine is the continuing mine of production mine of Shuangyashan Branch Company, it is a portion of Dongrong mine, the exploration degree is detailed exploration and partial fine investigation was completed. The geological reserve of the mine is 2.267 billion tons, the industrial reserve is 2.1888 billion tons, the exploitable reserve is 126.31 million tons. The coal variety is gas coal, the designed capacity is 1.2 million tons per annum and the service period is 72.6 years. Exploiting manner: vertical shaft, single level, centralized rock gate, grouped large lane. For design of mine, one section and one face (comprehensive mining) reach designed capacity. The construction period of the mine is 30 months(in addition, the preparation period is 18 months). Sales direction of product: chemical, construction material and power-generating. The project has been listed into the national 11th Five-year Plan, the feasibility study report on the project has passed the review of the expert group of the State Development & Reform Commission, it is ready for approval, and the mining right is being applied. The three-dimensional seismological replenished survey works for the first mining area was completed. It is planned that the project is approved and commenced in 2009, the planned completion time is 2012.
Investment estimate: The total investment is US$120 million, it is estimated that the annual sales income after the project construction has been completed is US$46.28 million, the profit is US$10 million, the tax is US$6.29 million and the investment recovery period is 8.6 years.
Cooperation means: Joint venture, cooperation.
