Displaying items by tag: Chizhou CNBM New Materials

China: Xinjiang Tianshan Cement has announced plans to invest US$300m into its new materials subsidiary Chizhou CNBM New Materials. The company says that it has increased its planned investments in its Hengshan limestone mine project by 15% to US$1.58bn from US$1.37bn.

China: Xinjiang Tianshan Cement, a subsidiary of Chizhou CNBM New Materials, has acquired mining rights for the Hengshan mining area and peripheral mines in Chizhou City’s Guichi District in Anhui province for US$376m. Reuters has reported that the company plans to make a total investment of US$1.38bn in establishing its mining operations there. The mines have limestone reserves of 513Mt and will be operational until 2043.