西部矿业：玉龙铜矿三期工程项目获批，铜矿生产规模增至3000万吨/年

Core Viewpoint - Western Mining (601168) announced that its subsidiary Yulong Copper Industry has received approval from the Tibet Autonomous Region Development and Reform Commission for the Yulong Copper Mine Phase III project, which will significantly increase production capacity and enhance profitability [1] Group 1: Project Approval and Investment - The Yulong Copper Mine Phase III project is an expansion project that will increase the production scale from 19.89 million tons per year to 30 million tons per year [1] - The estimated total investment for the project is 4.793 billion yuan, fully funded by the company [1] Group 2: Production Capacity and Resources - Upon completion of the Phase III project, the Yulong Copper Mine's ore processing capacity will reach 30 million tons per year, with a mine service life of 23 years [1] - In 2024, the Yulong Copper Mine is expected to produce 159,000 tons of copper, with a total ore resource of 830 million tons and an average copper grade of 0.6% [1] - The project is anticipated to yield 180,000 to 200,000 tons of copper metal per year, further enhancing the company's profitability [1]