The Group has independent graphite mineral resources, with a total area of 6.06 square kilometers, proved graphite reserves of 29.2727 million tons, mineral reserves of 308.72 million tons, with an average grade of 10.55%; the eye-catching rate of 30%, filling the gap of no large scale graphite in Hegang area. At the same time, the recoverable resources of cement marble associated with graphite ore bodies are 2.5517 million tons.
Based on the existing enterprises, the Group will further expand the production scale, invest 500 million yuan, and the project will be carried out in two phases to build a green graphite mine with an annual mining capacity of 500,000 tons; build an intelligent graphite dressing production line with an annual production capacity of 50,000 tons; and build a production line of high-density lithium battery automotive materials with an annual production capacity of 30,000 tons.
After the completion of the project, the total output of the group reached 800 million yuan, the total area of the plant was 96 hectares, the annual production capacity of flake graphite reached 110,000 tons, the annual production capacity of spherical graphite reached 50,000 tons, and the annual production capacity of negative materials reached 30,000 tons. The total industrial output value was 4.8 billion yuan, the profit was 720 million yuan, and the tax revenue was 480 million yuan.