Shanghai Ruiyelian wins bauxite exploration right in Shanxi

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Shanghai Ruiyelian Industrial Co., Ltd. has won the exploration right for Nanyang block bauxite mine in Xiaoyi, Shanxi for nearly 5.41 billion yuan (753 million US dollars), according to bid results released by the Department of Natural Resources of Shanxi Province. The bauxite exploration right covers an area of about 4.72 square kilometers and is valid for 10 years.