Progress of Expansion Project of sinosteel Chifeng Jin Xin Mining Co., Ltd.

The board of directors of Sinosteel Chifeng Jin Xin Mining Co., Ltd. decided that the production scale of the expansion project was selected as 10000 tons/day, and the estimated total investment of the project was 41350,000 yuan (not

Including tailings pond and dump land occupation/land requisition fee). At present, the expansion work is being carried out in an intense and orderly manner. At present, 950,000 cubic meters of open-pit rock stripping has been completed, and it is planned to complete the rock stripping for infrastructure construction on June 1 2008. Most of the civil foundation works of the concentrator have been completed, and now it is ready to install the steel structure workshop. In winter, the internal construction of the factory is uninterrupted. The main equipment has been ordered, and it is planned to start the equipment installation work on April 1 day, 2008, and complete the trial production on June 1 day, 2008. The foundation cleaning of tailings dam started in June 165438+ 10 1, and special measures were taken for continuous construction in winter. It is planned to complete the main works of tailings dam in April next year 1, and ensure the delivery in June 2008 1. The water supply project and power supply project have started construction and are scheduled to be delivered before June next year 1.