Asian Metal visits Linghe Molybdenum, Xinlong Vanadium and Hongjing Group

On the morning of December 18, 2019, Zhao Hao, the sales director of Asian Metal and Jiang bo, the market analyst of vanadium market visited Jianchang Linghe Molybdenum Industry Co., LTD. (Huludao Xinli Metal Co., LTD.) and were warmly received by Mr. Wang Lixian, the General Manager of the company.

Linghe Molybdenum Industry Co., Ltd. was established in 2009. Located in Baitazi Village, Linglongta Town, Jianchang county, Huludao City. They can produce 300tpm of FeMo 60%min and 150tpm of FeV 50%min in normal. The company has established a solid domestic sales channels. Their downstream uses are mainly small steel mills and foundry enterprises.

The two parties shared and discussed the current supply and demand situation of vanadium market and the future development trend. Mr. Wang spoke highly of Asian metal's objective and fair reflection of market information, professional analysis and low-key and pragmatic working style.

Later, Asian Metal visited Jinzhou Xinlong Vanadium Industry Co., LTD., and was warmly welcomed by the company’s Chairman Mr. Wang Baojun and the General Manager Mr. Yang Yugui. The company, founded in 2005, is located in Pantun Village, Niangniangong Town, Jinzhou Economic and Technological Development Zone. With an annual production capacity of 2,300t of FeV 80%min, 3,500t of FeV 50%min and 400t of vanadium nitrogen alloy, the company is one of the earliest production enterprises of vanadium smelting and processing in Jinzhou. The company has independently developed a number of production technologies for vanadium products. With excellent technical reserves and high-quality product quality, the company has maintained a good long-term leading edge in the field of domestic FeV supply. Mr. Wang introduced the development history and the future development plan of Xinlong Vanadium Industry in depth and led Asian Metal to visit their company's production base in detail, explaining the operation of each production link of the company on the spot. Mr. Wang gave high praise to the professional information service of Asian Metal based on actual transaction and objective and timely reporting of market trends. He hopes Asian Metal to keep providing clear, concise and authoritative reference figures for FeV production enterprises as always and to guide them to accurately capture the market trends.

In the afternoon, Asian Metal visited Liaoning Hongjing Group Co., LTD., and received warm welcome from by Mr. Chen Peisong, the Vice President of marketing of the company. Hongjing Group was established in 1998 and is located at No. 145, Lianshan Street, Lianshan District, Huludao city. The company integrates vanadium production and comprehensive utilization of hazardous wastes as its core business. The company is the only independent production and sales of vanadium pentoxide production enterprise in Liaoning and they are also one of the earliest companies to distribute vanadium industry in Liaoning. The company is a leading vanadium chip supplier in China after Desheng Group, Jianlong Group, Tranvic Group who are the top 3 vanadium production enterprises in China. Mr. Chen introduced the development history and the industrial layout of Hongjing Group in detail, and discussed the development trend of vanadium industry in domestic and overseas market with Asian Metal. Mr. Chen spoke highly of Asian Metal's working mode, which is to reflect the market information based on standing at the forefront of the market to collect and analyze objectively, impartially and professionally.