One of China’s largest fluorspar miners, China Shen Zhou Mining & Resources Inc., has signed a Memorandum of Understanding with several Chinese fluorspar and barytes producers to merge or acquire their operations, primarily centred in the Wuling mountains of Guizhou province.
The company undertook due diligence studies on a number of small mining operations in the south-western province as it looked to expand its fluorspar business, operated through the subsidiaries Inner Mongolia Xiangzhen Mining Group,...