China will further restrict the total mining of rare earth, tungsten, antimony and other resources

In addition, many external factors will also escort the rise in antimony prices.
In mid-2009, many domestic antimony mines and smelting companies reduced or suspended production, increased national restrictions on mining, the purchase and storage plan announced by Hunan Nonferrous Metals, and the growth trend of domestic antimony consumption in the field of flame retardants, etc.
, which caused the supply of antimony to be tight The trend of antimony, which triggered a skyrocketing antimony price in one fell swoop.

Although the company's gold reserves are relatively small, the company has leading gold antimony tungsten separation technology, reaching the advanced level of the domestic industry.
Therefore, the company's related products have higher gross profit margins than CICC Gold and Shandong Gold.
Some researchers believe that after the company has clarified that gold is the focus of future business development, in recent years, it has expanded its resource reserves through IPO investment projects to increase exploration, integration within the province, and mergers and acquisitions outside the province.
There will be a big breakthrough.
It is worth noting that the company completed the holding in 2008 by acquiring 85.
7% of the equity held by other shareholders of Zhongnan Antimony Tungsten.
Wang Huachun believes that the value of Zhongnan antimony and tungsten lies in its export quota rights for tungsten and antimony.
Holding Zhongnan Antimony Tungsten will undoubtedly make Chenzhou Mining's export sales unimpeded, thereby expanding the company's product sales space in the future.
(Source: Global Coatings Network) (For more information, please log in: Global Coatings Network http:// )