Shengda Resources: The subsidiary Yinduomultimetal Mining's 900,000 tons/year technical project has been approved.
Shengda Resources announced that its controlling subsidiary, Yindu Mining, recently received an approval notification from the Inner Mongolia Ministry of Industry and Information Technology, agreeing to approve the mining technical transformation project for the Baierndaba Silver Polymetallic Mine at a production capacity of 900,000 tons per year. As the exploration rights in the northern part of the mine have been converted, the mining area has expanded to 5.54 square kilometers, and the project will maintain the original production scale of 900,000 tons per year upon completion of the transformation.
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