A Limestone Mining Right Successfully Transferred in Hengyang, Hunan, China, with a Transaction Price of 37 Million Yuan
2026-06-16 16:12
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en.Wedoany.com Reported - The Hengyang Municipal Bureau of Natural Resources and Planning in Hunan Province, China, has successfully transferred the mining right for the Caiyuan construction stone limestone mine in Hongshi Town, Hengyang County, through a public listing at the Hengyang Public Resources Trading Center, with a transaction price of 37 million yuan. The mining right has a grant period of 12 years, covering a mining area of 0.1268 square kilometers, with recoverable reserves of 8.814 million tons (3.264 million cubic meters). The designed production scale is 800,000 tons per year, with a service life of approximately 11 years. The product plan includes construction crushed stone and manufactured sand, with a designed mining recovery rate of 98%. This transfer of mining rights will further ensure a stable supply of construction stone in the Hengyang market, supporting local infrastructure construction and high-quality economic development.

The mining right is located at the junction of Caiyuan Village, Minghan Village, and Jinlongqiao Village in Hongshi Town, Hengyang County. The listing starting price was 37 million yuan, and it was ultimately sold at the starting price. According to the transfer announcement, the winning bidder must submit a reviewed mine ecological protection and restoration plan before applying for the mining right permit, and carry out ecological protection and restoration work during production in accordance with the principle of "mining while restoring." The estimated reserves of construction stone limestone in the mining area are 8.994 million tons (3.331 million cubic meters), including 4.822 million tons (1.786 million cubic meters) of controlled resources and 4.172 million tons (1.545 million cubic meters) of inferred resources.

With the successful transfer of this mining right, Hengyang City has cumulatively listed and transferred four mining rights in 2026, adding a new production capacity of 3.5 million tons per year, with a total transaction value of 147.28 million yuan. Hengyang, known as the "Hometown of Nonferrous Metals," is rich in mineral resources, with 79 types of minerals discovered, of which 11, including albite and salt ore, rank first in Hunan Province in terms of reserves, and 14, including lead, tungsten, and tin, rank second in the province. According to the "Hengyang Mineral Resources Master Plan (2021-2025)," by the end of the planning period in 2025, the total number of mining rights in the city will be controlled within 277, with the number of sand, gravel, and earth mining planning blocks limited to 128. In 2025, Hengyang City transferred nine mining rights, generating revenue of 470 million yuan, and added a new production capacity of 9.9 million tons per year for sand, gravel, and earth mines. The successful transfer of the Caiyuan construction stone limestone mining right marks another significant achievement in the Hengyang mining rights market in 2026.

Moving forward, the Hengyang Municipal Bureau of Natural Resources and Planning will continue to focus on the goals of "promoting the transformation and upgrading of the mining industry, standardizing mining right approval and management, strengthening mining development supervision, and actively serving mining rights holders," to continuously regulate the mining rights market management and promote the efficient and intensive utilization of mineral resources.

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