The morning of June 11, Yanbian state government, the government and the volumes of Hunchun Zijin Mining and other 5-invested enterprises, the volumes of the comprehensive development and utilization of tungsten in Yanji City, signed a "cooperation and support of the Protocol." This marks the largest tungsten mine in northern China's development was officially launched.

    In 2002, the province of Nonferrous Metals Geological Exploration Bureau found in the vicinity of large ditch Hunchun Yang scheelite. After 4 years of geological exploration, initially identified tungsten trioxide (W0з) the control of resources is about 125 thousand tons, and prospective reserves of more than 20 million tons of ore at an average grade of about 0.44%. It is understood that the present control the reserves and the domestic white tungsten price assessment, the volumes of tungsten ore resources of direct economic value of 150 billion yuan, up higher value-added processing. In response, the provincial government has instructed relevant departments to conduct a full demonstration, the volumes of Zijin Mining, Jilin Hao Financial Group, the volumes of the zone, provincial colored Bureau, Jilin Ferroalloy Co., Ltd., 5 units emerge as the project investor. Among them, 40% of Zijin Mining Holdings, holding company for the relative.

    It is understood, the volumes of tungsten integrated development project total investment is estimated to reach 1.2 billion, of which the first phase investment 600 million yuan, annual output of 6,000 tons, is expected to realize annual sales income of 400 million yuan.