SMM visits Northern Copper Industry to promote Development hand in hand

Published: May 18, 2021 17:44
Source: SMM

In order to deepen business cooperation with famous enterprises in the metal industry and provide more comprehensive data support, on May 18, Ma Yao, senior manager of the marketing department of Shanghai Nonferrous net Information Technology Co., Ltd., Wu Jianglin, senior marketing manager, Zhang Xiuhao, senior copper analyst, and Zhou Yan, senior copper analyst, visited Northern Copper Co., Ltd. Lu Yong, deputy general manager of Northern Copper Co., Ltd., Wang Jianping, chief of copper products section, Li Wenkai, chief of office, and Ma Xueli, manager of sales department, received and extended a warm welcome.

During this period, the two sides had an in-depth discussion on the current market situation, quotation methodology and development trend of the non-ferrous metals industry. Through in-depth communication and on-site observation between the two sides, SMM has a deeper understanding of the domestic copper industry pattern, and will continue to deepen cooperation with major enterprises to achieve complementary advantages and jointly promote the development of China's copper industry.

Northern Copper Co., Ltd. (hereinafter referred to as "Northern Copper") was established in December 2002, which is mainly sponsored by Zhongtiaoshan Nonferrous Metals Group Co., Ltd., jointly established by Beijing Mining and Metallurgical Research Institute, China Nonferrous Engineering Co., Ltd., China CNR Group Yongji Motor Factory and other five units. In March 2008, with the approval of the Ministry of Commerce, Northern Copper issued 214.2 million additional shares to South Korea's SK Networks Co., Ltd., absorbing it as the second largest shareholder (accounting for 45% of the total share capital after the capital increase), and changed into a Sino-foreign joint venture limited company in April 2008.

The northern copper industry now has a registered capital of 476 million yuan, mainly engaged in copper mining, mineral processing and smelting, and its main products are cathode copper and sulfuric acid. It now has an annual production capacity of 4 million tons of mining, 100000 tons of cathode copper and 260000 tons of sulfuric acid. It is the largest copper producer in North China.

Northern Copper has jurisdiction over three productive branches, including Tongkuangyu Copper Mine, Yuanqu smelter and Thermal Power Plant, and three subsidiaries, including Shanghai Zhongtiaoshan Nonferrous Metals Co., Ltd., Taiyuan Zhongtiaoshan Nonferrous Metals Co., Ltd., Houma North Copper Co., Ltd., currently employs 5345 people.

The overall assets of the northern copper industry are excellent and the technology is advanced. Tongkuangyu Copper Mine has an annual handling capacity of 4 million tons, which is the largest non-coal underground mining mine in China, and the introduction of innovative natural caving mining technology has an international advanced level. A hydrometallurgical copper smelter with an annual output of 2000 tons was completed at the end of 2002. It has become a standard demonstration plant in the field of hydrometallurgy in China. Houma Beitong Copper Co., Ltd. took the lead in introducing the world's advanced Osmet copper smelting technology, and carried out more than 300 transformations and innovations in production practice, forming a "new copper top-blowing smelting and blowing process" with independent intellectual property rights. won the first prize for scientific and technological progress in China's non-ferrous metals industry in 2007.

The northern copper industry attaches great importance to the effective operation of the management system and the stable improvement of product quality. Now the main production units have passed the international standards of quality, environment, occupational health and safety management system certification. The effective operation and continuous improvement of the standard system have improved the overall management level of the company and promoted the stable improvement of product quality. "Zhongtiaoshan" brand high purity cathode copper was successfully registered in Shanghai Futures Exchange in September 2007 and qualified as "product quality national inspection exemption" in December of the same year. In 2009, it was recognized as the "Golden Cup Award" for physical product quality by the quality Branch of China Nonferrous Metals Industry Association.

In the face of the new situation after the entry of foreign capital, the northern copper industry will further emancipate its mind, innovate its management, and based on the business philosophy of "steady operation and leapfrog development". To achieve win-win results for shareholders, users and employees, and make new contributions to the development of China's copper industry!

Address: Yuanqu, Shanxi Zip code: 043700 Telegram: 0359Mutual 6031597 Biography: 0359Mutual 6036597 E-mail: shanshiban66@163.com

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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