Core Viewpoint - The company is focusing on the construction of the Leibo base phosphate project, aiming for early production, which will enhance its self-sufficiency in phosphate rock and reduce reliance on external procurement [1] Group 1: Project Development - The Aju Luo Jia phosphate mine with a capacity of 2.9 million tons is currently undergoing steady construction of underground infrastructure, including belt inclined shafts, auxiliary slopes, drainage systems, and air return systems [1] - The surface beneficiation project for the Niuniu Zhai East section with a capacity of 4 million tons has completed preliminary optimization of its plan, and all preparatory work is progressing in an orderly manner [1] Group 2: Strategic Implications - Once the phosphate project is operational, the company's self-sufficiency in phosphate rock will continuously improve, which is expected to decrease dependence on external phosphate rock procurement [1] - The integration of phosphate mining with downstream production will create a closed loop, helping to solidify the company's low-cost competitive advantage and enhance its market competitiveness, profitability, and risk resilience [1]

Group 1 - The core point of the article is that Tianyuan Co., Ltd. announced that its subsidiary, Mabi Wuqiong Mining Co., Ltd., has completed the safety facility acceptance for the "900,000 tons/year Dingjia Phosphate Mine (Phase II) mining project" and is currently in trial production [1] - The project is expected to enhance the company's future operating performance and overall strength [1] - The development of this project is anticipated to have a positive impact on the company's long-term growth [1]