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Baotailong New Materials (601011.SH): Baotailong Mining Company resumed work at Mine Five.
Gelonghui October 8th news: Baotailong new materials (601011.SH) announced that the company has received the "Notice of the Xinxing District People's Government of Qitaihe City, Heilongjiang Province on Granting Baotailong Mining Co., Ltd. 5th Mine to Resume Work" (Xinzhengfa [2024] No. 18) (hereinafter referred to as the "Notice"), agreeing to allow the company's holding subsidiary Qitaihe Baotailong Mining Co., Ltd. 5th Mine (hereinafter referred to as "Baotailong Mining Company 5th Mine") to resume work. Baotailong Mining Company 5th Mine is a mine with a designed production capacity of 0.3 million tons per year. After production, it will increase the company's self-supply capacity of raw coal and reduce the company's raw material costs.
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Baotailong New Materials Resumes Baotailong Mine No. 1's Operations
Baotailong (601011.SH): Baotailong's first mine resumes production.
On September 5th, Geelong announced that it has received the notification from the New Area People's Government of Qitaihe City, Heilongjiang Province, regarding the resumption of production at the Baotailong New Materials Co., Ltd. Mine. The Baotailong Mine, with a designed production capacity of 0.9 million tons per year, will increase the company's self-supply capacity of raw coal and reduce the company's raw material costs. It will further enhance the company's production capacity and improve the company's future profitability, bringing positive impact to the company's operational performance.
Baotailong New Materials Co., Ltd. Summary of the 2024 semi-annual report
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