SMM visits Chifeng Yuntong Nonferrous Metals Co., Ltd. To deepen understanding and strengthen cooperation

In order to promote the development of the non-ferrous metals industry, on July 21, Ye Jianhua, director of SMM Information & Technology Co., Ltd., long Huachen, senior analyst, and Ma Yao, senior manager of the marketing department, jointly visited Chifeng Yuntong Nonferrous Metals Co., Ltd. He was warmly received by Shen Guohua, vice president of the company, Gao Junming, manager of the marketing company, Wang Jun, assistant manager of the marketing company, Pan Xiaohui, deputy manager of the marketing company, and Liu Xiaofeng, business director of the marketing company.

During this visit, the two sides exchanged views on the current situation of the industry, further increased their understanding of the current situation of the industry and the market, and exchanged market opinions and feedback on the relevant price points of SMM, which benefited SMM a lot.

Chifeng Yuntong Nonferrous Metals Co., Ltd.

I. brief introduction of the enterprise Chifeng Yuntong Nonferrous Metals Co., Ltd. was established in June 2006 with a total registered capital of 942 million yuan. Chifeng Yuntong is located in Jinshan Industrial Park, Karaqin Banner, Chifeng City, with a design capacity of 100000 tons of cathode copper per year. With the development of the enterprise, the production capacity increased to 155000 tons in 2018. As Chifeng Yunnan Copper Factory is adjacent to Jinshan Town and Maanshan Scenic area, the surrounding environmental capacity, water resources carrying capacity, transportation, etc., seriously restrict the long-term development of enterprises and urban planning, and the relocation and expansion work began in 2014. A cooperation framework agreement was signed on November 11, 2016. In 2017, Yunnan Copper shares and Chifeng State-owned assets Group (funded on behalf of the municipal government) each accounted for 45% of the shares, while Jinfeng Copper accounted for 10% of the shares. Chifeng Yun Copper factory is located in Dongshan Industrial Park, Chifeng High-tech Industrial Development Zone, covering an area of 1800 mu (including neutralization slag yard), with a total investment of 5.611 billion yuan, annual output of high purity cathode copper 400000 tons / year, gold 5.5tons / year, silver 578 tons / year, sulfuric acid 1.689 million tons / year, iron powder 400000 tons / year. In 2020, the sales income was 20.074 billion yuan / year, the total profit was 504.5 million yuan / year, and the tax was 163 million yuan / year. The existing staff is 1930. The self-developed "Jinfeng double-side blown melting pool melting furnace" and "double-furnace multi-gun top-blown continuous blowing furnace" adopted in Chifeng Yunnan copper fire smelting have won the national patent, with advanced technology, energy saving and environmental protection, and low production cost. the two important indexes of copper content in smelting slag and comprehensive energy consumption have reached the international leading level. The production of electrolytic copper has adopted a large number of new technologies, new processes and new equipment, and the purity of "Tiefeng" brand high-purity cathode copper has reached 99.995%, and various economic and technical indicators are in the leading level in China. II. The Development of Foreign Trade of Enterprises The raw material for Chifeng cloud copper production is copper concentrate, which has been imported for nearly three years since October 2019. In 2020, Chifeng Yunnan Copper imported 810000 tons of copper concentrate, through Yunnan copper agent procurement and Chifeng cloud copper direct mining, of which Chifeng cloud copper direct mining trade volume is about 600 million US dollars. The total demand for copper concentrate in 2021 is about 2 million tons, of which 1.85 million tons are imported, accounting for 92.5%, of which 850000 tons are purchased through domestic trade and 1 million tons are imported by themselves. The annual trade volume is expected to increase slightly on the basis of 2020. The imported copper concentrate mainly comes from Chile, Peru, Mexico, Spain, Russia, Mongolia and other countries, and the ports of arrival are Jinzhou Port, Qinhuangdao Port, Erlianhaote Port, Ganqimodu Port and Manzhouli Port respectively.

Related business exchanges and cooperation are welcome to contact

SMM

Ma Yao

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