Shanghai Milestone Technology Co., Ltd.in collaboration with two other enterprises, has finalized overseas mineral cooperation, establishing roots in the high-quality mineral belt of the Philippines to simultaneously develop various mineral resources such as chromium, nickel, and gold. This will enrich the domestic supply of metallurgical raw materials and establish a long-term overseas mineral supply channel. The mining area is located 40 kilometers southeast of Davao del Norte's Digos City, covering an area of over 6,600 hectares with abundant mineral reserves. All preliminary preparations have been completed, and the project's commissioning will effectively alleviate the domestic supply pressure of chromium ore.  

The mining area spans a total area of 6682.2856 hectares and is a core metallurgical-grade chromite enrichment region in the local area. Geological exploration data reveals that the existing proven chromite reserves exceed 6 million tons, with further potential for resource expansion. The mining area also hosts high-quality nickel deposits with significant reserves, and gold ore bodies have been discovered, significantly enhancing the comprehensive development value of the project through the exploration of multi-metal composite ore veins. Keywords: Milestone Technology、Philippine Chrome Ore Project 

The preliminary field exploration and relevant qualification reviews for the project have been completed. Currently, the focus is on restoring production capacity and optimizing the mineral processing technology. Once the supporting production system is improved, continuous production of concentrate will be maintained, and a stable and long-term overseas supply channel for chrome ore will be established, providing continuous and stable raw material support for the domestic metallurgical industry.  Editor/Min Jing