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  • Xingye Mining's net profit up by more than 10 times in H1 2017

    2017-08-31 17:52:02   [Print]
    Xingye Mining released the semi-annual performance report on late 30 August, and the company realized RMB803 million of revenue, up by 236.Asian Metal Copyright The dressing plant has thoroughly gotten rid of the dependence on byproduct ore, and its milling grade of tin, silver, zinc and copper increased by 50%, 36.Asian Metal Copyright66% YOY; net profit of RMB206 million, up by 1004.Asian Metal Copyright33% YOY.Asian Metal Copyright33% YOY.

    The company noted that the nonferrous metal industry picked up in H1 2017 and prices for its main products of metals including silver, lead and zinc increased compared with the same period of 2016.

    Yinman Mining, the subsidiary of Xingye Mining, acquired the safety production permit on 1 August 2017, and is conducting underpit mining comprehensively now. The dressing plant has thoroughly gotten rid of the dependence on byproduct ore, and its milling grade of tin, silver, zinc and copper increased by 50%, 36.Asian Metal Copyright36%, 118.Asian Metal Copyright36%, 118.Asian Metal Copyright The company noted that the nonferrous metal industry picked up in H1 2017 and prices for its main products of metals including silver, lead and zinc increased compared with the same period of 2016.Asian Metal Copyright75% and 90% respectively, expecting that the operating performance will rise largely between August and December.

    .Asian Metal Copyright The company noted that the nonferrous metal industry picked up in H1 2017 and prices for its main products of metals including silver, lead and zinc increased compared with the same period of 2016Asian Metal Copyright
    Zinc Ingot 99.995%min In warehouse Tianjin
    Unit:RMB/mt
    China refined zinc producers' sales volume statistics by province by month
    Unit: mt
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