General Information of Project Undertaker: Mile County locates in south east of Yunnan Province, 143 km from the capital city Kunming. In April, 2005, Mile was granted as Provincial Gardening City. In 2004, the constructed area is15.2 km2, with green coverage ratio 42.82%, green area ratio 35.98%, and the average public green area is 25.44 m2.
Information of the Project: The mine area locates in Mile county, with easy access to transportation. There are 2 million tons of phosphorite within the area of 2 k m2 with the quality is 26.7-33.7%. It is estimated that the mine is a medium sized mine, which is suitable for opencast working.
Estimated Investment: The total investment is 115 million. The feasibility report has been finished.
Market Analysis: By analyzing domestic and foreign market, it is 2.1 to 2.5 million tons of phosphorite can be explorable in Anning Qinglong, Huaning Zhushan, Jinning Yangzong, which cannot meet the demand for the phosphorite industries in Yunnan. So this project will have promising market future and good for the development of phosphorite companies.
Condition: 1. Transportation: easy access to transportation; 2. Water and Power Supply: MileCounty has rich resource of water and power supply; 3. Construction Land Condition: extension; 4. Labor: there are rich labor resources in Mile; 5. Living Condition: it is a suitable place for living.
Economic Analysis: It will produce 1.5 million tons of phosphorite each year, which can realize 140 million sales income, 14 million profit. The investment and profit rate is 22.05%, investment and tax rate is 30.3%.
Cooperation Mode: Join venture or sole ownership Favorable Policy: The government intensifies the investment promotion and sets up a Leading Group to solve the problems. At the same time, Mile Outside Company Service Center has been established which will ensure the good investment environment.
Contact Information: Yunnan Province Mile County Investment Promotion Bureau Zhang Jin, Cao Qiong Tel/Fax: 0873——6222133 Zip Code:652300 E—mail:hhzsml@hhzs.net
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