Luoyang Lion Fluorite Mining Co., Ltd. is a large-scale enterprise with combination of fluorspar mines and fluorspar plants, founded in 2012. We employ over 240 staff members. Luoyang Songxian Lanbao Floatation Plant was established in March 1997, located in Dazhang town of Luoyang Songxian in Henan province. It has owned two fluorspar floatation workshop, two fluorspar mine and one tailing pond with total investment more than CNY 70 million. It has proved reserves 674,698 tons fluorspar ore, and processing capacity is 30,000 tons per year. The mining area is 2.0831 square kilometers. Fluorspar was listed in national strategic reserve resources in 2009, and exploration and mining has been forbidden since then. Therefore, we feel quite cherish that we have such large reserves of fluorspar. Xinshi Mining Co., Ltd. in Qianjiang district of Chongjing City, established in January 2007, with first phase investment CNY 50 million. Company is located in Qianjiang district of Chongqing city, with the total area more than 66,666 square metres. mining area of 0.22 square kilometer. It has proved reserves 500,000 tons fluorspar and 300,000 tons barite in the mining areas.And we have built up a floatation plant beside our mines in 2013 using the domestic advanced floatation equipment and up-to-date floatation technology, successfully commissioning in December 2013. The company has finished a total investment of CNY 65 million, and will meet annual output 40,000 tons of fluorspar powder, fluorspar granule raw ore 20,000 tons and sales revenue CNY 130 million. Our mission is to be diligent, productive and contributed. We have been doing philanthropy for years to help our people to live without poverty and this brings our company high reputation. Meanwhile we insist on long-term development, being professional and powerful as our motto to move forward with our people in a fast, healthy and rational speed. We are sincerely looking forward to cooperating with you.
