Guangxi Wanshizhi Technology Precious Metal starts comprehensive development and extension project
2021-03-03 16:27:08 [Print]
On March 2, Guangxi Wanshizhi Precious Metal Technology Co., Ltd. held a commencement ceremony for the technical transformation and expansion project for efficient clean, comprehensive development, recycling and utilization of new precious metal resources in Tianyang.
The project, with a total investment of RMB500 million (USD77.35 million), will see the first phase launched next year, which is expected to process about 40,000 tons of antimony-gold-silver concentrate and 4,000 tons of anode mud and other antimony-gold-silver intermediate materials. It would produce 20,000 tons of antimony concentrate, 10 tons of gold ingot, 100 tons of silver ingot with an annual output value of RMB5.5 billion (USD851 million) and taxes of RMB400 million (USD61.88 million).
The project, with a total investment of RMB500 million (USD77.35 million), will see the first phase launched next year, which is expected to process about 40,000 tons of antimony-gold-silver concentrate and 4,000 tons of anode mud and other antimony-gold-silver intermediate materials. It would produce 20,000 tons of antimony concentrate, 10 tons of gold ingot, 100 tons of silver ingot with an annual output value of RMB5.5 billion (USD851 million) and taxes of RMB400 million (USD61.88 million).
Antimony Conc. 50%min Delivered China
Unit:RMB/mt Sb
China antimony concentrate produders' sales to production ratio statistics by province by month
Unit: %
