I. Project Name
50000t/y Magnesium Metal Smelting Project of Xunyang County

II. Project Implementation Agency
Xunyang County Donglaishun Magnesium Co., Ltd

III. Project Description
It is planned to build a 50000t/y magnesium metal smelting production line by adopting average technique.

IV. Total Investment and Cooperation Form
Total investment of the project is 150 million Yuan. It is intended to introduce capital of 150 million Yuan. Cooperation form: sole investment or joint venture.

V. Anticipation of Market and Analysis of Investment Return
There is a large size dolomite mineral resource with the reserve of 500 million tons. The magnesia content is about 20.51%-22.09%. Magnesium metal mainly applies to home appliance, 3G, aviation and other fields. The price of magnesium metal is 13000 Yuan/ton. The investment recovery period is 7 years.

Contact Person: Yang Caiming　Liu Zhigang
Telephone: 0915-7202524
Fax: 0915-7202062
Address: Xunyang County Government
Post Code: 725700