Recently, the Yunnan Provincial Development and Reform Commission issued the “Approval on the Xidong Antimony Mine Mining and Beneficiation Project of Wenshan Prefecture Dahao Mining Development Co., Ltd. in Xichou County” (Yun Fa Gai Chan Ye [2026] No. 165), formally approving the construction of the Xidong Antimony Mine Mining and Beneficiation Project by Wenshan Prefecture Dahao Mining Development Co., Ltd. in Xichou County. marking the project’s official entry into the substantive implementation phase.

1. Project Overview

The approved Xiaodong Antimony Mine Mining and Beneficiation Project has a total investment of 294.3169 million yuan. It is located in Lianhuatang Township, Xichou County, Wenshan Prefecture, within Yunnan Province’s core antimony mining region. The project is a new underground mining initiative with a planned annual production capacity of 90,000 metric tons. The construction period is two years, with an operational lifespan of 12 years. The final product is high-value antimony concentrate, fully aligning with the requirements for large-scale, green development of advantageous mineral resources—such as antimony—as outlined in the Wenshan Prefecture Mineral Resources Master Plan.

2. The Scarcity Value and Applications of Antimony

The advancement of the Xiaodong Antimony Mine project represents a significant initiative by BGT to seize development opportunities in national strategic resources. Antimony is a critical strategic minor metal for the nation. With limited global proven reserves, it serves as an irreplaceable material in high-end manufacturing sectors such as semiconductors, defense, new energy, and photovoltaics.

In technological applications, antimony forms compounds such as gallium antimonide and indium antimonide when combined with gallium and indium, serving as core raw materials for third-generation semiconductors. These are widely used in 5G base stations and satellite communication equipment; as a dopant, it enhances the conductivity of fourth-generation semiconductors, contributing to improved charging efficiency for new energy vehicles; simultaneously, it plays a critical role in defense applications such as infrared detectors and phase-change memory materials, and serves as a vital supporting raw material for the photovoltaic industry. With the rapid development of the global semiconductor revolution and the new energy industry, market demand for antimony continues to rise, offering vast potential for future growth.

3. Synergy Between Environmental Protection and Mineral Resources: Practicing Green Development

Since entering the mineral resource development sector, BGT has upheld the development philosophy of “Preserving Resources for Eternity, Coexisting with Nature” and adhered to the coordinated development of “environmental protection and mineral resource development.” While consolidating its core business strengths in industrial water treatment and the resource recovery and reuse of high-salinity wastewater, the company has explored new models for the green development of mineral resources.

From the initial planning stage, this project has integrated environmental protection requirements into every phase. Leveraging the Group’s technical expertise in industrial water treatment and wastewater resource recovery, it achieves a deep integration of mineral development and environmental protection. While extracting resources, the project ensures wastewater is treated to meet regulatory standards and facilitates ecological restoration, strictly aligning with Wenshan Prefecture’s requirements for high-quality, green mining development. Concurrently, the Group is strictly adhering to the requirements approved by the Yunnan Provincial Development and Reform Commission to expedite the completion of all pre-construction reporting and approval procedures. We are scientifically evaluating the mine’s production scale, implementing primary responsibility for workplace safety, and strictly controlling construction safety and engineering quality to ensure the project’s safe, efficient, and green advancement.

4. Deepening Industrial Layout to Strengthen Development Foundations

The approval of the Xiaodong Antimony Mine mining and beneficiation project marks another significant breakthrough for BGT in the field of mineral resource development and represents a key achievement in the implementation of the Group’s “Environmental Protection + Mining” second growth curve. To date, BGT has established a full industrial chain covering antimony mining, smelting, and recycling. Additionally, the Group has secured exploration rights for multiple metals, including copper, lithium, and lead-zinc, in Xinjiang, forming a mineral resource layout system that facilitates the coordinated development of various mineral types.

Moving forward, BGT will leverage the approval of the Xiaodong Antimony Mine project as an opportunity to further deepen its “Environmental Protection + Mineral Development” synergy strategy. By leveraging core technologies, the company will deeply integrate environmental protection technologies into the entire mineral resource development process, achieving a win-win outcome of efficient resource utilization and ecological conservation; At the same time, the company will seize opportunities arising from national strategic resource security and the development of high-end manufacturing industries. By continuously refining its full-industry-chain layout for mineral resources, BJT will not only drive its own growth but also contribute to local economic development and support the nation’s strategic resource security efforts.