Home - News - Yuefeng Energy: Its 8 affiliated mines are steadily advancing the acquisition of aluminum resources beneath coal, with an estimated bauxite resource volume of 116 million tons
Yuefeng Energy: Its 8 affiliated mines are steadily advancing the acquisition of aluminum resources beneath coal, with an estimated bauxite resource volume of 116 million tons
May 7, 2025
Yuefeng Energy stated on the interactive platform that its coal sector has a total of 3.821 billion tons of coal resources, including 913 million tons of high-quality coking coal resources and 2.908 billion tons of high-quality thermal coal resources, demonstrating a significant advantage in coal resource reserves. The company's energy storage sector has a high-quality vanadium pentoxide resource of 1.5889 million tons, highlighting the upstream resource advantages of the energy storage business. In addition, the eight mines under the company are steadily advancing the acquisition of aluminum resources beneath coal. It is estimated that the amount of bauxite resources is 116 million tons. Currently, the focus is on the geological exploration, reserve filing and acquisition of mining rights for aluminum beneath coal in three mines.
