Project Name

Exploitation Project of Phosphorite in Yunnan Province

Project Brief

Mile County is located in south east of Yunnan Province, 143 km from the capital city Kunming. In April, 2005, Mile County was granted as Provincial Gardening City.

The mine is located in Mile county, with easy access to transportation. There are 2 million tons of phosphorite within that area. It is estimated that the mine is a medium sized one, which is suitable for opencast working.

Condition:

1. Transportation: easy access to transportation;
2. Water and Power : Mile County has abundant water and power supplies
3. Construction Land Condition: extension;
4. Labor: rich sources of labor in Mile;

*Implementation Country/Region

Yunnan, China

*Total Investment

115 million Yuan

Project Progress

The feasibility report has been finished.

*Cooperation

Sole ownership or joint venture

*Marketing and Economic Analysis

It will produce 1.5 million tons of phosphorite each year, which can realize a sales income of 140 million and a profit of 14 million. The investment and profit rate is 22.05%, investment and tax rate is 30.3%.

*Organization

Name

Yunnan Province Mile County Investment Promotion Bureau  

*Organization Address

Yunnan Province Mile County Investment Promotion Bureau  

Post Code:  652300

*Contact

Contact Person:  Jin Caoqiong
Tel:  0873—6222133
Fax:  0873—6222133

E-mail:  hhzsml@hhzs.net