Recently, good news came from the Yunan Branch of the Yunfu Municipal Bureau of Ecology and Environment in Guangdong Province: the environmental impact assessment (EIA) for the construction granite and metamorphic sandstone mining project in Yuanzhu Mining Area, Guiwei Town, Yunan County, Yunfu City, Guangdong Province, by China Railway Southern (Yunfu) Green Building Materials Co., Ltd. is about to be approved. The project has a total investment of over 5.2 billion yuan, a planned construction period of 12 months, and is expected to commence construction in December 2024, with full production expected by the end of 2025.

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It is worth mentioning that China Railway Southern (Yunfu) Green Building Materials Co., Ltd. successfully won the mining rights for this project on September 18, 2023, with a transaction price of 2.52 billion yuan. The main minerals mined by the project include construction granite and construction metamorphic sandstone, with estimated reserves of 212 million cubic meters and an annual production capacity of an astonishing 10 million cubic meters. The land grant term is as long as 24 years.

Entering 2024, the project has made significant progress. In February, China Railway Southern (Yunfu) Green Building Materials Co., Ltd. successfully obtained a mining license, valid from February 5, 2024 to February 5, 2048, for a period of 24 years. This not only provides legal protection for the continued progress of the project but also demonstrates China Railway Southern's firm commitment to long-term cooperation.

With the imminent approval of the environmental impact assessment (EIA), the mining of building stone in the Yuanzhu mining area will enter a new stage of development. To ensure the efficiency, environmental protection, and safety of the mining process, advanced mining equipment and solutions are needed. Shibang Group's equipment enjoys a high reputation in the industry for its high efficiency, stability, and environmental friendliness. Shibang Group hopes to cooperate with companies such as China Railway Southern (Yunfu) Green Building Materials Co., Ltd. to further improve the mining efficiency and quality of building stone in the Yuanzhu mining area.

The approval of this EIA marks a solid step forward for the Yuanzhu mining area building stone mining project. In the future, with the smooth progress of the project and the assistance of advanced equipment, the Yuanzhu mining area will become an important supply base for building stone in Yunfu City and even Guangdong Province, injecting new vitality into the local economic development.