Kezhou Yaxing Mineral Resources Group Co., Ltd. (abbreviated as Yaxing Group), located in the Kizilsu Kirghiz Autonomous Prefecture of Xinjiang, is a key investment promotion enterprise of the Kezhou People's Government.
Yaxing Group's Qian Sheng Mining operates the Qileiqi iron ore mine, covering 4.34 square kilometers with proven reserves of 99.38 million tons of iron ore averaging 34.52% grade. The open-pit mine has an annual production capacity of 2 million tons. The Jianbao beneficiation project, with a total investment of 400 million yuan, adopts a innovative rotary kiln magnetization roasting-magnetic separation process and utilizes advanced PLC centralized control system globally, achieving an annual processing capacity of 2 million tons of iron ore.