Huayu Mining Industry: the lead-zinc mining project has been approved with a lead concentrate of 11800 tons / year and a zinc concentrate of 26300 tons / year.

SMM News: recently, The mining and separation project of Chagele lead-Zinc Mine in Angren County, Tibet Autonomous region (hereinafter referred to as "this project"), a subsidiary of Tibet Huayu Mining Co., Ltd. (hereinafter referred to as "Huayu Mining" or "the Company") was approved by the Department of Ecological Environment of Tibet Autonomous region on the Environmental impact report on the Mining and Separation Project of Chagele lead-Zinc Mine in Angren County, self-governing District of Tibet.

The main contents of the above reply are as follows: first, the project includes two parts: mining and mineral processing, of which the mining area is located in Rusha Township, Angren County, Xigaze County, Tibet Autonomous region, covering an area of 1.83 square kilometers. The mining scale of the project is 400000 tons / year (2000 tons / day) and the service life is 17 years (including 2 years of foundation period). The ore mined in the mining area goes directly into the supporting concentrator for washing. The concentrator is located on the hillside to the west-northwest of the mining plant, with a transportation distance of about 1.6km, and the tailings reservoir is located in a valley to the southwest of the concentrator, with an effective storage capacity of about 4.62 million cubic meters and a service life of 15 years. The design scale of the concentrator is 400000 tons / year (2000 tons / day). The flotation process is adopted. The product scale is 11760 tons / year for lead concentrate and 26280 tons / year for zinc concentrate.

Focus on the development prospect and price trend of lead and zinc industry

In 2019, global trade disputes escalated, the global economy was under pressure, and central banks began a wave of interest rate cuts. At the same time, the meeting of the political Bureau of the CPC Central Committee stressed that at present and for some time to come, the basic trend of China's economic stability and long-term improvement will remain unchanged, and 2020 will also be the year when China will build a moderately prosperous society in an all-round way and the 13th five-year Plan ends. In this context, the new crown virus is rampant all over the world, and it is worth looking forward to how to achieve steady economic growth.

In the zinc market, the production of overseas mines increased step by step in 2019, but the production of domestic mines was repeatedly hindered. In the first quarter of 2020, zinc prices fell below the mine cost line, and mine profits plummeted. How will the profits of smelters and mines be distributed in 2020? can overseas mines be expected to be put into production under the disturbance of the epidemic? In addition, the output of domestic zinc refining smelters broke through the bottleneck and set a new record in 2019, but under the disturbance at the supply end of zinc mines in 2020, can the capacity utilization rate of smelters maintain a high load? Whether the infrastructure investment under the tone of "stabilizing the economy" in 2020 can exceed the expected performance, whether the galvanizing industry can exceed the seasonal performance is still worth looking forward to, and the contradiction between supply and demand of zinc may be reversed in 2020, so paying attention to and distributing structural opportunities is another choice. Can zinc prices fall and rise in 2020?

In terms of the lead market, the newly expanded production capacity of overseas mines has been released one after another from 2019 to 2020, but the overseas epidemic has spread and some overseas mines have been put into production and mines under construction. Where will the lead concentrate go in 2020? At the same time, new expansion projects in China's recycled lead market are springing up everywhere. What is the actual output release in 2020? Whether the cost support is effective or not, the supply of waste batteries has become the focus of the future market; and under the influence of a number of policies (such as the new national standard for electric bicycles, motorcycle purchase tax exemption, etc.), whether the subsequent lead consumption matches, and what is the trend of lead prices in 2020?

In response to the above topics, SMM will invite industry celebrities, industry professionals, enterprises from the upper and lower reaches of the industrial chain to hold the "2020 (15th) lead and Zinc Summit" in Changsha to jointly discuss the current situation and problems of the industry, as well as the future development prospects, and analyze the fundamentals and the future trend of zinc prices.

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