Asian Metal visits Chenzhou Mining and Jiutong Antimony

On December 27, 2023, Mr. Hao Zhao, Sales Director of Asia Metal, and Ms. Alina Fang, Antimony Market Analyst, visited Hunan Chenzhou Mining Co., Ltd. and Taojiang Jiutong Antimony Industry Co., Ltd. and were warmly welcomed by the above companies.

On the morning of December 27, Mr. Hao Zhao and Ms. Alina Fang visited Hunan Chenzhou Mining Co., Ltd. and met with Mr. Yongmiao He, the Chairman, Mr. Xiaofeng Huang, the General Manager, Mr. Shang Zou, the Deputy General Manager, and Ms. Xiaojun Mi, the head of the trade department. Mr. He emphasized the current scarcity and market value of antimony resources, and conducted an in-depth analysis of the current supply and demand situation of antimony resources and the production status of domestic antimony enterprises. He said that the current inventory of antimony products of Chenzhou Mining keeps at a historical low level. On the basis of ensuring safety production and implementing the environmental responsibility system, the company successfully completed its work targets in 2023. Meanwhile, with the further expansion of the current antimony terminal application field, antimony will eventually return to the value level it ought to be. Mr. He stated that the company is simultaneously focusing on technological innovation, deepening reforms, and adhering to the path of sustainable development. Hunan Chenzhou Mining Co., Ltd. is a subsidiary of Hunan Nonferrous Industry Investment Group with the largest output value. Chenzhou Mining was founded in 1875 and has a history of over 140 years of gold mining. It is a "red mine" that developed alongside the Republic of China. The main products of the company include gold, antimony, and tungsten. Currently, they have an annual production and processing capacity of 100t of refined gold, 25,000t of refined antimony, 30,000t of antimony trioxide, 3,000t of ammonium paratungstate, 3,000t of ethylene glycol antimony, and 1,000t of plastic masterbatch. The Chenzhou brand of gold ingot, antimony ingot, antimony oxide, and ammonium paratungstate are of excellent quality and renowned both domestically and internationally.

Over the years, Chenzhou Mining, as a subscriber of Asia Metal, has paid close attention to the prices and information of antimony market released by Asian Metal and affirmed Asian Metal's objective, fair, and professional market information. At the same time, it recognized the previous antimony industry forums held by Asian Metal and expressed that it will actively participate in and support the 10th International Antimony Industry Forum held by Asian Metal in Zhuhai, China from March 21-22, 2024.

On the afternoon of December 27, Mr. Hao Zhao and Ms. Alina Fang visited Taojiang Jiutong Antimony Industry Co., Ltd. and met with the company's Chairman Mr. Jinguang Jiang and GM Assistant & Marketing Director Mr. Yonggang Su. The two sides exchanged views on the company's current production status and antimony price trend. Mr. Jiang disclosed that, supported by their high-quality antimony ore resources, Jiutong Antimony maintains steady production and quality products. In 2023, the company produced around 3,500t of antimony ingot. By adopting an integrated mining, beneficiation and smelting strategy, the company boasts high antimony ingot quality of over 99.9%min. Jiutong Antimony Industry clings to principles of steady production and steady quality as well as premium service to clients. As a subscriber of Asian Metal, the company has long referred to AM antimony prices when signing contracts. Jiutong Antimony thinks highly of objective, fair and professional market information provided by Asian Metal and gives applause to the antimony forums hosted by Asian Metal in previous years, planning to take part in the 10th Antimony Forum to be held by Asian Metal in Zhuhai, China on March 21-22, 2024.