Shenghe Resources releases production and sales plan of major products for next two years
2021-01-19 16:28:28 [Print]
Shenghe Resources released its 2021-2022 business development plan, targeting an operating income of over RMB10 billion (USD1.54 billion) and a net profit margin of 5% by 2022.
After years of development, Shenghe Resources owns a complete industry chain consisting of rare earth ore, smelting and separation as well as metal processing and records a steady development of zirconium-titanium beneficiation business. By now, the company actually controls around 50,000 tons of REO per annum and has an annual rare earth separation capacity, rare earth metal processing capacity and beach placer handling capacity of 15,000 tons, 12,000 tons and 500,000 tons respectively.
The production and sales plan of major products for the coming two years are as follows:
After years of development, Shenghe Resources owns a complete industry chain consisting of rare earth ore, smelting and separation as well as metal processing and records a steady development of zirconium-titanium beneficiation business. By now, the company actually controls around 50,000 tons of REO per annum and has an annual rare earth separation capacity, rare earth metal processing capacity and beach placer handling capacity of 15,000 tons, 12,000 tons and 500,000 tons respectively.
The production and sales plan of major products for the coming two years are as follows:
Zircon Sand S.A. Zr(Hf)O2 65%min CIF China
Unit:USD/mt
China zircon sand producers' inventory to production ratio statistics by province by month
Unit: %
