Interfax China reports that a large-sized lead and zinc deposit, containing 1.5 million tonnes of lead and zinc resources was recently discovered by local authorities in Shennongjia district in western Hubei Province.
According to a Changjiang Times report, exploration work at the deposit is now being funded by the central government.
An employee from the Hubei Provincial Institute of Geological Survey, which is now conducting exploration work at the deposit, said that it will take 4 to 5 years to complete the exploration work at the deposit. Then we will look for a company to cooperate on production. He declined to disclose further details of the deposit.
Source: Steel Guru
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