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BGT Headlines | BGT Wins Copper Mine Bid, Expanding Market Footprint! BGT Unveils New Strategic Business Layout

2024-05-13 16:41:05

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Congratulations to BGT on winning the exploration right for the Ganhutan West Copper Mine in Yutian County, Hotan Prefecture, Xinjiang Uygur Autonomous Region!


BGT Headlines | BGT Wins Copper Mine Bid, Expanding Market Footprint! BGT Unveils New Strategic Business Layout


The Ganhutan West Copper Mine is located in Yutian County, Hotan Prefecture, with a total area of approximately 60 square kilometers. Currently, the result of the bid winning is under public notice.


According to the statistics in National Summary Table of Mineral Resources Reserves, the reserves of rich manganese ore, rich chromium ore, nickel, cobalt, potassium, copper, gold, etc. in Xinjiang rank among the top or hold important positions in China. Among them, copper, as an important strategic mineral resource, is a crucial basic raw material for national economic and social development, widely used in various fields such as power and electrical engineering, electronic equipment, transportation, and air conditioning refrigeration. The profound adjustments in China's energy structure brought about by carbon peak and neutrality goals have led to increased copper demand in new energy vehicles and clean energy generation (wind power, photovoltaics), highlighting the strategic importance of copper.


At the beginning of 2024, BGT signed a strategic cooperation agreement with the Administrative Office of Hotan Prefecture on the investment and development of industries such as lithium-containing salt lakes/brine (underground brine in blank areas), mines, and downstream cathode materials in Hotan Prefecture. Hotan Prefecture is rich in mineral resources while having a fragile ecological environment. Meanwhile, south Xinjiang is a key and focal point for Xinjiang's development. General Secretary Xi Jinping emphasized at the Third Central Xinjiang Work Forum: "We must vigorously promote economic and social development and improve people's livelihoods in south Xinjiang." The state has formulated top-level designs for the development of south Xinjiang and introduced a series of policies regarding finance, investment, finance, and talent, leading to remarkable achievements in economic development. Striving to solve the development issues in south Xinjiang is also fundamental to achieving long-term stability and security.


BGT Headlines | BGT Wins Copper Mine Bid, Expanding Market Footprint! BGT Unveils New Strategic Business Layout


The Company's second growth curve is based in south Xinjiang. On one hand, south Xinjiang boasts abundant energy resources, unique geographical advantages, a large labor force, and great potential in characteristic industries, providing a solid foundation, favorable conditions, and advantages for achieving high-quality development. On the other hand, the Company's main business is environmental governance and protection. Combined with the rapid development of industries such as oil and gas, coal, minerals, grain, and new energy in south Xinjiang, it will provide strong support for the high-quality and green development of south Xinjiang.


General Secretary Xi Jinping pointed out in the report of the 20th National Congress of the Communist Party of China: "We should promote green development and promote harmony between humanity and nature. Respecting, conforming to, and protecting nature is an inherent requirement for comprehensively building a modern socialist country. We must firmly establish and practice the concept that lucid waters and lush mountains are invaluable assets, and plan development from the perspective of harmony between humanity and nature." This coincides with BGT's corporate vision of "harmonious coexistence among humanity, industry, and nature". Since its establishment, BGT has been closely focusing on the national strategic layout in the industries of water resource protection and recycling. The layout and winning of copper mine exploration right this time is sure to lead the Company into a new beginning!


(All the pictures in the text are from the Internet.)

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