Ten-year development of Huayu

Ever since establishment in 2002, the Company, with total assets over 1 billion Yuan, is mainly engaged in development, processing, sales of non-ferrous metals e.g. lead, zinc and copper etc. and survey of solid mineral resources and has Grade B qualification for survey of solid mineral resources. It is also in the front row of mining enterprises in the mining area in terms of proved resource quantity, mining and dressing capacity and profitability.

Development capacity at professional level

At present, the Company owns three rights of mining, two rights of prospecting and three rights of venture exploration, which involve three mines proved above medium size, one 2,000t/day dressing plant and two 300t/day dressing plants, thus resulting in annual treatment capacity of raw ores at 600,000 tons.

Strong economic power

At present, the Company owns three rights of mining, two rights of prospecting and three rights of venture exploration, which involve three mines proved above medium size, one 2,000t/day dressing plant and two 300t/day dressing plants, thus resulting in annual treatment capacity of raw ores at 600,000 tons.

 

Benefit people of a region, and take social responsibility

Huayu is adhering to the principle of “two protections and three favorables”, i.e.: to protect the united and harmonious relationship with local herdsmen and ecological environment of mining area; and be in favor of performance growth of enterprise, local economic development, and income increase of local peasants and herdsmen. Huayu also takes an active part in public welfare establishments and local economic development to fulfill social responsibilities as an enterprise.

Strong economic power

The Company has arranged employment for more than 300 local peasants and herdsmen and more than 400 college students (including 16 Tibetans), hires more than 1,000 temporary workers every year, and increases annual income of peasants and herdsmen by more than 15 million Yuan. Up to now, it has appropriated an accumulative amount over 20 million Yuan into public welfare projects and poverty alleviation projects. In the meantime, it assists local villagers to establish truck team for ore transportation, which increases annual income of peasants and herdsmen by more than 10 million Yuan.

 

Protect environment and build green mines

As a Tibetan mining enterprise, while developing at a high speed, Huayu is also taking efforts to build up green mining area and new mines under sustainable development to achieve coordinated development between the enterprise and the environment. As for production and operation, the Company ensures production, development and protection simultaneously and implements the policy of “prevention first, protection prioritized” and “development in protection, protection in development”. Aiming at building up “harmonious mining area”, it increases standard for environmental management and safety protection and manages to carry out resource development, work safety and environmental protection simultaneously.

Inherited green concept

The Shannan branch has built up a “China and Tibet leading-level” tailing bond strictly following leakproof standard; and in dressing plant, it adopts wastewater recycling system to realize zero discharge.

 

Improve reserve and capacity to sustain development

Depending on trust and support of MLR and leaders at different levels in Tibet, Huayu became a survey entity in the national-level “fully equipped survey for lead and zinc polymetallic ore in Zhaxikang”, which was selected as one of TOP10 geological prospecting achievements by Geological Society of China.

Detected reserve under anticipation

Up to 2015, the Company will have invested 300 million Yuan for geological survey in the fully equipped survey area in Zhaxikang. It is anticipated that 6 million tons of lead and zinc, 6,000 tons of silver, 500,000 tons of antimony and 20 tons of gold will be detected to establish a 3,000,000t-level development base of lead and zinc polymetallic ore.

 

Top