Core Viewpoint - The company plans to invest in a significant expansion project for its subsidiary, aiming to enhance its mining capacity and overall profitability [1] Group 1: Investment Details - The company announced an investment of 1.741 billion yuan (approximately 0.25 billion USD) for the construction of a 1.65 million tons per year lead-zinc mining expansion project [1] - The project is expected to have a construction period of three years [1] - Funding for the project will come from the company's own funds and bank loans [1] Group 2: Strategic Implications - Upon completion and reaching full production capacity, the project is anticipated to improve the company's mineral resource capacity [1] - The expansion is expected to enhance the company's profitability and overall strength in the industry [1]
中色股份:控股子公司拟投资17.41亿元建设165万吨/年铅锌矿采选扩建项目