Shengda Resources (000603.SZ) subsidiary Honglin Mining has obtained a safety production license for its tailings pond.
Zhito Finance APP News, Shengda Resources (000603.SZ) announced that its holding subsidiary, Sichuan Honglin Mining Co., Ltd. (referred to as "Honglin Mining"), recently received the "Safety Production License" for the Caiyuanzu Copper-Gold Mine tailings storage facility issued by the Sichuan Provincial Emergency Management Department. The license covers the mining of gold and copper, with a production capacity of 396,000 tons per year, valid from July 27, 2026 to July 26, 2029. With the acquisition of the "Safety Production License" for the Caiyuanzu Copper-Gold Mine tailings storage facility, Honglin Mining can commence mineral processing operations. The Caiyuanzu Copper-Gold Mine of Honglin Mining has entered the official production phase, which is expected to have a positive impact on the companys current and future operating performance.
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