Premium over 301 times! Juhua Group wins fluorite exploration rights for 93.71 million yuan

The Gansu Provincial Department of Natural Resources released the "Public Announcement of Listing Transfer Results for Fluorite Ore Detailed Exploration Mining Rights in the Nanshan Area, Yongchang County, Gansu Province (Gan Jiao Yi Kuang Gua Gong Shi [2026] No. 24)". Juhua Co., Ltd., a leading fluorine chemical company, through its wholly-owned subsidiary Gansu Juhua Mining Co., Ltd., secured the Nanshan Fluorite Detailed Exploration Mining Right in Yongchang County, Jinchang City with a transaction price of 93.71 million yuan. Compared to the listing starting price of 310,000 yuan, the overall premium exceeded 301 times, making it a landmark project in this round of Gansu fluorite mining rights transfers.

According to the public announcement document, the listing transaction for this mining right was concluded on the Gansu Public Resource Trading Network on June 1, 2026. The winning entity, Gansu Juhua Mining Co., Ltd., is registered at Room 102, No. 6 Tunkeng Road, Xinshiqu Subdistrict, Yumen City, Jiuquan City, Gansu Province, with a unified social credit code of 91620981MAEAA5UB0N. It serves as the exclusive mining operation platform for Juhua Co., Ltd.'s layout in the northwest fluorite raw material sector.

Regarding the core parameters of the mining right, the exploration block is located within the jurisdiction of Yongchang County, Jinchang City, Gansu Province. The total exploration area is 3.033 square kilometers, and the exploration mineral type is ordinary fluorite (code 63701). The current level of exploration work is general survey, and the statutory transfer term of the exploration right is 5 years. Subsequent exploration investment must be strictly executed in accordance with relevant national mineral exploration standards.

The starting bid for this listing transfer was only 310,000 yuan, and after market-oriented bidding, the final transaction amount was set at 93.71 million yuan. The high transaction price highlights the market's high recognition of the fluorite resource reserves and development value in the Yongchang area of the Hexi Corridor. Yongchang is located on the fluorite metallogenic belt of the Hexi Corridor and is a fluorite resource-rich area within Gansu Province. Multiple producing fluorite mines have already been established in the region, boasting superior resource endowments.

According to the transfer rules, after signing and the effectiveness of the mining right transfer contract, Gansu Juhua Mining Co., Ltd. must, in accordance with the requirements of relevant documents on mineral registration management from the Ministry of Natural Resources and the Gansu Provincial Department of Natural Resources, prepare all application materials and submit an application for an exploration license to the Gansu Provincial Department of Natural Resources, thereby completing the legal registration procedures for the exploration right.

The publicity period for this transfer result is June 3, 2026, to June 16, 2026, and the deadline for accepting objections to the announcement is 18:00 on June 16. During the publicity period, any unit or individual who has objections to this transfer of exploration rights may submit written supporting materials to the Mining Rights Department of the Gansu Provincial Department of Natural Resources (Address: No. 18 Dingxi South Road, Chengguan District, Lanzhou City, Zip Code 730000, Consultation Phone: 0931-8761181, Acceptance Hours on Working Days: 8:30-12:00, 14:30-18:00). This announcement is simultaneously released externally on the official website of the Gansu Provincial Department of Natural Resources and the offline hall of the Gansu Public Resource Trading Center.

Industry analysis indicates that fluorite is an indispensable strategic raw material for the fluorine chemical industry chain and a core upstream resource for the production of hydrofluoric acid, refrigerants, and fluorine-containing new materials. As a leading domestic company with a full fluorine chemical industry chain, Juhua Co., Ltd. continues to increase its layout of Gansu fluorite mining rights. This helps to further consolidate its self-sufficiency capability for upstream raw materials, hedge against production cost pressures caused by fluorite raw material price fluctuations, and improve the resource reserve map in the northwest region.