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New Player in Magnesia for Refractories

The registered capital of the company is CNY 240 million, total investment is CNY 2 billion. As a large-scale comprehensive project integrating mining and deep processing of magnesite, Haiming Mining is one of the key projects supervised by Liaoning provincial government. The project will be constructed in two phases, the 1st phase comprising of CNY 1 billion investment including 250 000 t/a mineral processing plant project and high purity magnesia project with an annual output of 100 000 t. The main equipment is imported from ThyssenKrupp/DE (e.g.: multilayer furnace, ball press, high temperature shaft kiln and other high-end manufacturing equipment). In terms of environmental protection, the world’s most advanced and efficient environmental dedusting equipment is adopted, and the fuel uses clean energy and natural gas. The 1st phase of the project has been put into trial operation in December 2017. The product is high purity magnesia (DBM bulk density 3,35–3,4 t/m3, purity 96,5–98 %), and the physical and chemical indexes are higher than the highest level in the same industry in China. The 2nd phase of the project commenced construction in July 2017 and is scheduled to begin production in early 2019. Specific projects include: 1) 600 000 t ore flotation plant project, 2) high purity magnesia (DBM) project with an output of 100 000 t/a, 3) 200 000 t/a of magnesia alumina spinel project and large crystal, 4) comprehensive treatment of 100 000 t/a of tailings for the production of light-burning magnesium oxide projects. The 2nd phase of the project adopts the most advanced suspension furnace and high performance electric furnace and other equipment in the same industry in China. The whole project will reach the postpartum period and the annual profit and tax is expected to reach CNY 500 million.
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