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Patan Co., Ltd. announced that Guizhou Patan Ecological Engineering Co., Ltd., a wholly-owned subsidiary of the company, received the Xiaogaozhai Phosphate Mine “Safety Production License” issued by the Guizhou Provincial Emergency Management Department on August 31, 2026. The scope of the license is the first phase of underground phosphate mining, with a mining scale of 2.9 million tons/year, which is valid from August 31, 2026 to August 30, 2029. The production and construction scale of the Xiaogaozhai phosphate mine was raised from 2 million tons/year to 2.9 million tons/year, which is conducive to increasing phosphate production and promoting the integrated strategy of phosphorus chemistry. There is uncertainty about future profitability, so investors are advised to pay attention to investment risks.
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Patan Co., Ltd. announced that Guizhou Patan Ecological Engineering Co., Ltd., a wholly-owned subsidiary of the company, received the Xiaogaozhai Phosphate Mine “Safety Production License” issued by the Guizhou Provincial Emergency Management Department on August 31, 2026. The scope of the license is the first phase of underground phosphate mining, with a mining scale of 2.9 million tons/year, which is valid from August 31, 2026 to August 30, 2029. The production and construction scale of the Xiaogaozhai phosphate mine was raised from 2 million tons/year to 2.9 million tons/year, which is conducive to increasing phosphate production and promoting the integrated strategy of phosphorus chemistry. There is uncertainty about future profitability, so investors are advised to pay attention to investment risks.
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