Development of the largest single phosphorus deposit in Asia

On December 22, Hubei Provincial Department of Land and Resources and Hubei Yi'an United Mining Company formally signed the agreement for the prospecting of mineral resources in the Yangliu Phosphorous Mining Area, marking the largest single phosphorus deposit in Asia - the Yangliu Phosphorous Ore District in Yuanan County. The survey and development project was officially launched. The preliminary proven reserves in the Yangliu Phosphorous Mining Area of ​​Yuanan County amounted to 429 million tons, with a potential economic value of over 100 billion yuan. It is the largest single-phase phosphate rock found in China since the founding of New China and the largest single-phosphorus deposit in Asia. The average grade is 25.46%. The project was listed by the Ministry of Land and Resources as one of the top ten ore-producing achievements in the country in 2010, and Hubei Province's proven reserves of phosphate minerals have therefore ranked second in the country.

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