WTECL(SH:600157) Zhong Zheng Wang·2026-01-05 13:49Core Viewpoint - Yongtai Energy has received approval from the Shanxi Provincial Natural Resources Department for the resource reserve assessment of its "coal-aluminum" mineral resources, marking a significant advancement in the green exploration and comprehensive development of bauxite resources, which is expected to enhance regional resource utilization and the company's high-quality development [1] Group 1: Resource Discovery - The exploration covers 53.57% of the total area of the Sendayuan coal mine, confirming a bauxite resource reserve of 7.8426 million tons, qualifying it as a medium-sized bauxite deposit [2] - The average Al₂O₃ content of the bauxite is 61.46%, significantly higher than the industry benchmark for rich ores, highlighting the quality advantage of the resources [2] - China, as a major aluminum industrial country, has a high dependence on imported bauxite, with an estimated import ratio of about 70% in 2024, making the discovery of high-quality domestic bauxite resources strategically and economically significant [2] Group 2: Accompanying Resources - The exploration also revealed significant accompanying resources, including an inferred reserve of 470.56 tons of gallium, with a concentration of 0.006%, classifying it as a medium-sized gallium deposit [3] - Gallium is recognized as a strategic rare metal with high market value, often referred to as the "industrial vitamin" in high-tech fields such as semiconductors and optoelectronic materials [3] - Additional inferred reserves include 928.6 thousand tons of hard clay and 719.8 thousand tons of pyrite, enhancing the overall economic value of Yongtai Energy's mineral resources [3] Group 3: Strategic Development - The discovery of diverse resources allows Yongtai Energy to create a new industrial layout centered on bauxite, maximizing resource utilization efficiency and unlocking resource value potential [3] - The company plans to accelerate the process of obtaining mining permits and has developed a phased exploration plan for other coal-aluminum projects, aiming for further breakthroughs in resource reserves [3] - With dual support from policy and corporate innovation, the company will focus on efficient resource utilization and green industrial upgrades, driving the coal-aluminum project to release greater market value and contribute to performance improvement and sustainable development [3]