Polymetallic mine with significant deposits of tungsten, fluorspar, bismuth, copper
One of world’s largest identified tungsten deposits outside China, with mining reserve of 66million tonnes of ore with average WO3 (tungsten trioxide) grade of 0.21%.
Now in production, Nui Phao is the largest producer of tungsten outside China, and among the largest producers of acid-grade fluorspar and bismuth in the world
With open-pit mining and low strip ratio, is be one of the lowest-cost producers of tungsten in the world
Revenue is generated from sales of four products; Tungsten, Fluorspar, Bismuth and Copper; help ensure the project is profitable at all times in the commodities pricing cycle
Management led focus to continuously identify synergies and efficiencies to lower cost and improve margin
Favorable location with convenient access to railway, roads and ports (Only 80 Km by road from Hanoi. Hai Phong & Quang Ninh ports to connect Nui Phao to the world)
Additional exploration potential to extend the mining life past the current plans of 20 years