"Digging manganese" Guizhou Zhongtian City cast or into a dark horse

Source: Internet
Author: User
Keywords Transit Digging Manganese
Tags apply for company control development digging direction it is listed
2011 years start of the real estate depth control, let some real estate listed companies can't wait to set off a "diversified" movement.  A number of listed companies will focus on Guizhou rich manganese ore resources, and the competition. Zhongtian City Investment (000540) January 28 Evening Notice, received a subsidiary of Zunyi Golden Ditch Manganese Industry Development Co., Ltd. transferred to Guizhou Province Geology and Mineral Bureau 102 Geological Brigade Golden Ditch Manganese mine Project Department "Zunyi Honghuagang District Golden Ditch manganese ore stage results" report. As of December 31, 2010, Zunyi Honghuagang District Manganese Mine has completed the survey work of about 90%, the initial identification of the manganese ore resources and critical grade resources estimated total of about 18.63 million tons.  The company to China Securities newspaper reporter said that the mine belongs to the domestic manganese ore ore body resources larger ore, is expected to apply for mining right in the middle of 2011. The layout of the listed company is busy for Zhongtian city, there is no first advantage in the battle of manganese Ore.  Several other listed companies have already done something in Guizhou. December 25, 2010, Jinrui Technology (600390) issued a notice that the company intends to not less than 18.27 yuan/ The unit will increase not more than 23.36 million shares to raise not more than 411.7728 million yuan for two projects, of which 308 million for the Jinfeng manganese industry annual output of 30,000 tons of electrolytic manganese metal technology expansion project, the remaining 103 million to acquire 6.6 million tons of Taojiang manganese ore and its technical renovation expansion project.  In the prior, the company's own manganese ore only Jinrui technology Guizhou branch Baishixi Manganese ore and Jinrui mining yellow Pond Ping Manganese mine, ore reserves of 1.7 million tons and 1.2 million tons, the direct control of manganese ore resources of only 2.9 million tons.  Jinrui to further eat more manganese ore resources, to improve the status of the minmetals in the determination of the position of the company has been in cooperation with Guizhou Province Tongren manganese ore risk exploration, in an attempt to achieve upstream and downstream integration, to break the lack of self-sufficiency in the passive situation of ore. Another Guizhou local listed company Red Star Development (600367) has already played a manganese ore abacus. Its holding subsidiary, Tai Lung Manganese (Holdings 89.29%) has nearly 4 million tons of manganese ore resources, Guizhou Tianzhu River Mining area is the largest mining area, the proven reserves for the company more than 100 years of mining. This reserve became the key pillar for the development of the Red Star last year.  With the production of the Wanshan manganese mine, the company's new products electrolytic manganese production will reach more than 130,000 tons, is expected to become the second largest electrolytic manganese production enterprises. China is rich in manganese ore resources, there are more than 200 of the proven manganese mining areas, reserves are mainly concentrated in Guangxi, Hunan and Guizhou 3 provinces (districts). At present, the global demand for manganese products is very large, metallurgy, chemical industry, electronics, architecture, communications and other fields require electrolytic metal manganese, electrolytic manganese dioxide, manganese sulfate, high-purity manganese carbonate and other manganese products support, and these products are the country to encourage the development of the industry.  And Guizhou has the manganese ore reserves of each local government, has been cheerfully put manganese ore into the local "Twelve-Five" planning. Manganese Ore ReservesThe first of the listed companies said that China's manganese ore resource reserves are huge, but the market gap is still very large.  In the past, manganese ore mining mainly rely on Chongqing Xiushan, Guangxi Daxin and Hunan Xiangxi, the three major manganese mining areas, after years of mining, reserves have been reduced to varying degrees. From the previous announcement can be seen, "18.63 million tons" of reserves are the domestic listed companies have the largest manganese ore reserves. At present, the main competitor is Jinrui Technology, its main product for electrolytic manganese, Red Star development is electrolytic manganese dioxide, another in Hong Kong listed Citic Large manganese (01091.  HK) is the main four manganese oxide.  It is worth mentioning that Citic Manganese plans to invest in the construction of 5000 tons of lithium manganese oxide, which is the anode material for automotive battery, this investment direction may represent the future development direction of manganese industry. It is difficult to conclude whether the manganese ore strategy of Zhongtian City is developing in this direction. Zhongtian City voted before on different occasions are announced to enter the new energy development industry, the company said to China Securities newspaper reporter, Zunyi Honghuagang District manganese mine belongs to the domestic manganese ore ore body resources larger ore, the mine is expected to apply for mining right in the middle of 2011.  As for the future distribution of manganese ore industry, the company did not give a positive answer, only that the current research and discussion stage, inconvenient to disclose. November 2010, Zhongtian City cast chairman Lou Yuping rate team to Zunyi for inspection, the company and the Zunyi government combed out the participation in Zunyi City construction, Mineral resources development and other four aspects of cooperation intention.
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