Hunan Qiyang 51.63 Million Ton Sandstone Mine Listed with Starting Price of 160 Million Yuan
2026-06-10 16:57
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en.Wedoany.com Reported - The Public Resources Trading Center of Hunan Province, China, issued an announcement in early June 2026 for the online listing and transfer of the mining rights for the Xinhua construction stone limestone mine located in Yangjiaotang Town, Qiyang City, Yongzhou City. The mining area holds 18.983 million cubic meters (approximately 51.633 million tons) of construction stone limestone resources, with a transfer period of 17 years and a starting listing price of 160 million yuan, equivalent to a unit price of about 3.1 yuan per ton. The listing period is from June 30 to July 14, 2026.

The mining area is located in Yangjiaotang Town, Qiyang City, Hunan Province, covering an area of 0.386 square kilometers. Among the resources, controlled resources amount to 10.859 million cubic meters (approximately 29.538 million tons), and inferred resources amount to 8.124 million cubic meters (approximately 22.095 million tons). The production scale is not specified in the announcement, but based on the 17-year transfer period, the average annual production capacity exceeds 3 million tons. The bid increment is 2 million yuan, and the bid bond or guarantee amount is 32 million yuan. Transfer proceeds are to be paid in accordance with relevant regulations, with the first installment being 20% of the transaction price, and the remaining amount to be paid in annual installments within the validity period of the mining rights.

Hunan Province is a major production area for sand and gravel aggregates in China, actively promoting the public transfer of mining rights and the construction of green mines in recent years. According to the "Hunan Province Mineral Resources Master Plan (2021-2025)" issued by the Department of Natural Resources of Hunan Province, the annual total extraction of construction stone limestone in the province is controlled within 300 million tons, and new mines must be built in accordance with green mine standards. The Xinhua mine being transferred this time is located in Yangjiaotang Town, Qiyang City, with the Zhujitang Reservoir approximately 400 meters southeast of the mining area. The announcement requires the winning bidder to take protective measures during mining to avoid impacting the reservoir's water quality and ecological environment. The Qiyang City government has committed to coordinating the resolution of land and forest use procedures, as well as the disposal of surrounding production and living facilities.

The winning bidder must design, construct, and operate in accordance with Hunan Province's green mine requirements, and complete the self-assessment and application for green mine status within one year of production. Green mine standards cover six major aspects: mining area environment, resource development methods, comprehensive resource utilization, energy conservation and emission reduction, technological innovation and digital mining, and corporate management and image. This listing and transfer will help ensure the market supply of construction stone in Hunan Province and surrounding areas, while promoting the intensive and green development of the sand and gravel industry.

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