v3.26.1
NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Basis of Presentation and Summary of Significant Accounting Policies - Schedule of Property, Plant and Equipment Useful Life

The Company’s depreciation and amortization policies on property, plant and equipment, other than mineral rights and construction in process, are as follows:

 

 

Useful life

(in years)

Mineral rights

 50

Leasehold Improvements

8 - 20
Plant and machinery (including protective shells, transmission channels and ducts) 3 - 8
Motor vehicles 5
Furniture, fixtures and equipment 3 - 8
Basis of Presentation and Summary of Significant Accounting Policies - Assets measured at non-recurring basis

The following table presents the Company’s assets measured at Market Valuation on a non-recurring basis for the years ended December 31, 2024:

 

 

      Market Valuation Method at Reporting Date Using 
                      Total 
      Market   Quoted Prices           (Gain Loss) 
      Valuation   in Active   Significant       for 
      Method   Markets for   Other   Significant   the Year 
      as of   Identical   Observable   Unobservable   Ended 
      December   Assets   Inputs   Inputs   December 
Years Ended     31,2024   (Level 1)   (Level 2)   (Level 3)   31, 2024 
December 31,  Description  $   $   $   $   $ 
2024  Property, Plant and Equipment   27,149,774    —    —    27,149,774    6,772,500