On May 31, Urad Central Banner and Inner Mongolia Wanzhong Weiye Investment Group Co., Ltd. signed a fluorine chemical industry project cooperation framework agreement.

    It is reported that the amount of the agreement is 1 billion yuan, and the investment content of the agreement is 60,000 tons/year of anhydrous hydrogen fluoride and 30,000 tons/year of electronic-grade hydrofluoric acid projects. The project is planned to be built in the Ganqi Maodu Port Processing Park.

    As early as late March, Wanzhong Weiye Investment Group Co., Ltd. had signed a cooperation agreement with Baotou City Yufeng Chemical Co., Ltd. to acquire three mining rights, one prospecting right and one flotation plant, of the fluorite mine under the name of Baotou City Yufeng Chemical Co., Ltd. and Damaoqi Hongxing Fluorite Co., Ltd.(subsidiary). Yufeng Chemical Co., Ltd. is the largest and most complete enterprise producing fluorite mines in Darhan Maomingan United Banner, Baotou City. It has a Kuangqu area totaling 23.39 square kilometers, with an ore volume of 7.111 million tons and a mineral volume of 2.852 million tons. The average grade of the deposit can reach 46.81%. Source: Fluorine chemical industry circle