January 28th News Jingde County Zhongxing Mining Co., Ltd. has initiated a technical renovation and expansion project for its Jingde County Zaoshuling Fluorite Mine, with an annual mining capacity set to increase from 20,000 tons to 30,000 tons. The project is designed to utilize a total fluorite ore volume of 193,700 tons. Chempricehub Analysis on Fluorite: Bull-Bear Score: -1 The expansion of the mining scale from 20,000 tons/year to 30,000 tons/year, coupled with the designed utilization of 193,700 tons of ore, represents a significant 50% increase in supply. In the absence of any mentioned changes in demand, this supply expansion may lead to an oversupply in the spot market, exerting downward pressure on prices. A score of -1 indicates a generally bearish outlook, as the project, while not massive in scale, directly increases the supply of fluorite raw materials, creating downward pressure on short-term spot prices.