NewsFlash / Precious Metals / Xiamen C&D Incorporates Yanggu Xiangguang Copper with Impressive Production Stats
Xiamen C&D Incorporates Yanggu Xiangguang Copper with Impressive Production Stats
iconNov 29, 2024 20:57
Source:SMM
On November 25, Xiamen C&D Inc. responded on the investor interaction platform, stating that Yanggu Xiangguang Copper Co., Ltd. is the first large-scale copper smelting and processing enterprise in China to adopt flash smelting and flash converting processes, with an annual copper concentrates processing capacity of 1.6 million mt. The company's main products are copper cathode, gold, and silver, with sulphuric acid as a major by-product. The annual production capacities are 400,000 mt of copper cathode, 20 mt of gold, 600 mt of silver, and 1.4 million mt of sulphuric acid. As of the end of June 2024, Yanggu Xiangguang Copper Co., Ltd. was included in the consolidated financial statements, and since then, its operational performance has been good, achieving profitability. In Q3, Yanggu Xiangguang Copper Co., Ltd. produced over 80,000 mt of copper cathode, over 1 mt of gold, and over 30 mt of silver.

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