Asian Metal visits Jiangsu Hengxing Tungsten & Molybdenum Co., Ltd and Nantong Guangming Molybdenum Products Factory

On August 31st, Flora Hou, assistant analyst of molybdenum products and Cruz Yu, project supervisor of marketing department from Asian Metal visited Jiangsu Hengxing Tungsten & Molybdenum Co., Ltd and Nantong Guangming Molybdenum Products Factory.

On the morning of August 31st, Asian Metal visited Jiangsu Hengxing Tungsten & Molybdenum Co., Ltd, and was given a warm reception by Mr. Zhu Yueqing, vice president of the company. During the visit, Asian Metal and Mr. Zhu exchanged the views on molybdenum market, and Mr. Zhu invited Asian Metal to look around the production lines of molybdenum deep processing products.

JiangSu HengXing Tungsten & MoIybdenum Co.,Ltd., a specialized manufacturer producing tungslen and molybdenum material, is located at ZhangGang Supporting Park of JiangDu Economic Development District------ the headwater of south-north water transfer project, situated in eastern suburb of Yangzhou, well known as famous historical city. The crossing of Jinghu expressway and Ningtong expressway is close at hand. Its geographic position is special and environment is beautiful. The total investment of project achieves 2.5 million dollars, covering an area of 98,000 square meters. Presently, the company owns advanced production and test equipment, as well as about 680 workers, of which 50 are engineers and technicians.

On the afternoon of August 31st, Asian Metal visited Nantong Guangming Molybdenum Product Factory, and had a friendly conversation with Mr. Wang Senjin, the president of the company. Mr. Wang noted although there appears positive movement in molybdenum market, the outlook of the market is still depressed under the gloomy economy. Besides, Mr. Wang said he would keep an eye on "Global Molybdenum Annual Conference" held by Asian Metal in Shanghai on October 18-19th.

Nantong Guangming Molybdenum Product Factory is a factory which is specialized in the hydrometallurgical processing of molybdenum products and powder metallurgy processing. It is located in the centre of Jiangsu with convenient transportation, east of 204 National highway and Xinchang railway, south of 328 National highway and Nantong Konggang port. The factory has bright and spacious workshops, excellent equipment, advanced technology, precise and complete detection means, using computer controlled production process. It has an annual output of 600 tons of ammonium molybdate and 300 tons of molybdenum production lines. The main products are ammonium dimolybdate, ammonium tetramolybdate, ammonium heptamolybdate, sodium molybdate, barium molybdate, molybdenum powder, molybdenum oxide, molybdenum bars and molybdenum slabs, etc.