Subei Bolun Mining Starts Construction of Qijiaojing Vanadium Mine Project

Recently, Subei Bolun Mining started construction of its Qijiaojing vanadium mine. With an investment of RMB112 million (USD16.28 million), the company plans to construct a vanadium extraction production line with an annual handling capacity of 500,000t of vanadium-bearing stone coal, which is produced from its own mine. Upon completion, the project will produce 2,000t of ammonium metavanadate 98% per annum with an annual production value of RMB540 million (USD78.51 million).