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BGT Headlines | BGT Wins Bids for Two Copper Mines Within a Week!

2024-05-14 17:09:20

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On May 11, BGT successfully won the exploration right for the Ganhutan West Copper Mine in Yutian County, Hotan Prefecture, Xinjiang Uygur Autonomous Region!


On May 14, BGT further secured the exploration right for the Lailiqiaoke Iron-Copper Mine in Pishan County, Hotan Prefecture, Xinjiang Uygur Autonomous Region! The Lailiqiaoke Iron-Copper Mine, located in Pishan County of Hotan Prefecture, covers a total area of 13.77 square kilometers, and the result of this winning bid is currently under public notice.


As is widely known, copper is an important strategic mineral resource and a crucial basic raw material for national economic and social development. Besides its extensive applications in fields such as power and electrical engineering, electronic equipment, transportation, and air-conditioning refrigeration, copper also holds significant strategic importance in the new energy vehicle industry and new energy sector, including areas like new energy vehicles, new energy motors, new energy vehicle charging piles, and emerging clean energy sources such as photovoltaic and wind power. According to data, by 2025, the direct copper consumption in photovoltaic and wind power alone will reach 900,000 tons.


BGT Headlines | BGT Wins Bids for Two Copper Mines Within a Week!


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.


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, BGT'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.


BGT Headlines | BGT Wins Bids for Two Copper Mines Within a Week!


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 successive winning of copper mine exploration rights this time will also lead the Company into a new beginning!


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

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