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Xinjiang invests in Building the largest andalusite production Base in China

Xinhua Urumqi (Reporter Li Xiaoling) the country's largest andalusite production base was officially built in Xinjiang a few days ago. The andalusite production base in Bayingol Mongolian Autonomous Prefecture, Xinjiang, was built with an investment of 115 million yuan by Yilong andalusite Co., Ltd., and the annual sales revenue of 50, 000 tons of andalusite project reached 100 million yuan. The company also plans to complete a technical transformation and expansion project with an annual output of 100000 tons of andalusite in 2005, reaching an annual production scale of 200000 tons in 2007. The company will also invest in andalusite deep processing products projects, and finally reach an annual output of 500000 tons of production scale, ranking first in China, 70% of the products are exported. It is understood that the Huolashan andalusite mine developed by Yilong andalusite Co., Ltd. has proven reserves of 8.91 million tons and prospective reserves of 231 million tons, making it the largest and rare super-large deposit in the world. This andalusite deposit has the characteristics of large reserves, high grade, low impurity content, easy mining and so on, and its development prospect is very broad. (end)