Core Viewpoint - The company has obtained a mining license for the Itwen Chahanxi C5 polymetallic iron mine, which is crucial for its sustainable development in the iron resource sector [1] Group 1: Company Developments - The wholly-owned subsidiary, Geermu West Mining Resources Development Co., has received the mining license from the Qinghai Provincial Natural Resources Department [1] - The Itwen Chahanxi C5 polymetallic iron mine has a resource volume of 20.07 million tons with an average grade of 31.59% iron [1] - The mine also contains associated metals, including 76,100 tons of copper, 60,400 tons of zinc, and 2.86 tons of gold [1] Group 2: Strategic Implications - The acquisition of the mining license is expected to enhance the company's risk resistance and market competitiveness [1] - This development is seen as a foundational step for the company to integrate and develop its iron resource sector, providing essential resource reserves for future growth [1]
西部矿业(601168.SH):全资子公司取得采矿许可证