Ningxia Orient Tantalum Updates on Private Placement Projects and New Subsidiary Plans

Published: Jun 21, 2026 21:16

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[SMM Tantalum Flash] Ningxia Orient Tantalum Industry disclosed the progress of its private placement projects in June. Installation and commissioning are underway for pyrometallurgical smelting and high-end product lines, while construction of the hydrometallurgical digital plant is accelerating. Concurrently, the smart production line for niobium superconducting cavities is advancing on schedule, with full operational status targeted for June 30. Strategically, the firm will invest RMB 100 million to establish a wholly-owned subsidiary, Ningxia CNMC Key Metal Materials Co., Ltd., dedicated to hydrometallurgical operations to bolster self-sufficiency in upstream raw materials.

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