Chemical Processing
Chinese Firm Begins $154 Million Mining, Dressing Project
The mine will be able to exploit and float 4.5 million tons of phosphate ore every year. It will also produce 3 million tons of refined phosphate ore every year.
Released Friday, November 09, 2007
Researched by Industrial Info Resources (Sugar Land, Texas)--Yunnan Phosphorization Group Company Limited (YPG) (Kunming City, Yunnan Province), will invest $154 million in a large-scale phosphate ore mining and floatation project in Jinning County. The project is expected to go into operation before June 2009.
The mine will be able to exploit and float 4.5 million tons of phosphate ore every year. It will also produce 3 million tons of refined phosphate ore every year.
The product will be used as a sustained source for Yunnan's chemical fertilizer factories.
YPG is a wholly owned subsidiary under Yuntianhua Group (Kunming, Yunnan), China's largest opencast phosphate ore mining and dressing company. Yuntianhua has two 2 million-ton-per-annum flotation factories in Haikou City and Anning City of Yunnan Province.
In the new project's construction, YPG will use its own techniques in floating and dressing, and will build the factory as a regional center to make the most of the middle- and low-grade phosphate ore.
Statistics from 2003 show that Yunnan Province has about 4 billion tons of phosphate ores, making it No. 1 in phosphate resources in China.
Yunnan's provincial government has been working to develop the phosphate chemical industry, making Yuntianhua Group the world's third-largest high-density phosphate fertilizer producer.
In 2005, Yuntianhua's sales in terms of phosphate chemical products covered 60% of Yunnan's total.
Jinning County has 840 million tons of phosphate ore (proven amount), which is of high grade and easily exploitable. The county is dubbed one of the world's "phosphate capitals."
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