[Zn] Yunnan Luoping Closed Down One Subsidiary for Technical Upgrading

SHANGHAI, Jul. 2 (SMM) - Yunnan Luoping Zinc & Electricity shut down its wholly-owned subsidiary Rongxin Rare&Precious Metals Co. for zinc slag-contained recycling system upgrading, and did not tell when to restart, sina.com reports.

Rongxin Rare&Precious Metals has 5,000-tpy zinc oxide powder capacity, which recorded business revenue of 4.41 million yuan during the first five months of this year. The closure will give little impact on Luoping Zinc & Electricity.

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