西部矿业：玉龙铜矿三期工程项目获核准批复 总投资47.93亿元

Core Viewpoint - The approval of the Yulong Copper Mine Phase III project is a significant development for Western Mining, with an investment of 4.793 billion yuan aimed at increasing copper production capacity [1] Group 1: Project Approval and Investment - Western Mining's subsidiary, Tibet Yulong Copper Co., Ltd., received approval from the Tibet Autonomous Region Development and Reform Commission for the Yulong Copper Mine Phase III project [1] - The total investment for the project is 4.793 billion yuan [1] - The project will increase the copper production scale from 19.89 million tons per year to 30 million tons per year [1] Group 2: Project Details and Expected Outcomes - The construction includes a new 11 million tons per year concentrator and an increase in hydrometallurgical smelting capacity from 300,000 tons per year to 1 million tons per year [1] - Upon completion, the expected copper metal output will reach 180,000 to 200,000 tons per year [1] - The overall copper mining capacity of the company will further increase with the completion of this project [1] Group 3: Additional Considerations - The project still requires approvals from other relevant departments [1] - There are potential risks associated with the harsh natural geographical environment that may affect project construction [1]