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Founder Group has obtained the mining right of Maoniuping line 19-43 rare earths

Founfer Group has obtained the mining right of Maoniuping line 19-43 rare earths mine in Mianning County, Liangshan Canton, Sichuan Province.

According to the laws and rules about mining resources and the Sichuan Government's authorization of the mining right, Maoniuping line 19-43 ascertainable rare earths mine in Mianning was granted to be exploited by Founder Rare Earths New Materials Co., Ltd. on Oct. 8th.
Teh provincial governor of Sichuan Province Zhang Zhong-wei appraised highly of the Founder's contribution to Sichuan. He also indicated to pull off the post-processing of rare earth cling to Founder.

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