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In the effective expansion of front-end resources, Jiangxi Tungsten Group Co., Ltd. has taken three measures this year. The first is to further strengthen internal prospecting. Actively carry out a new round of prospecting and exploration in the deep, edge and periphery of the mine, and strive to expand the reserves of resources. The second is to guide and organize mining enterprises to actively strive for state-funded projects in mineral resources. Make good use of national policies, thoroughly understand the spirit of documents, strengthen organizational leadership, implement responsible departments and responsible persons, carefully select projects, carefully prepare materials, and actively apply for projects such as national crisis mine replacement resource prospecting projects and mineral resources protection, and strengthen The research unit and the review experts communicate and strive for multiple items and items. For the projects already included, implement the project responsibility system, strictly control the construction, quality control and acceptance, and ensure that the project is completed on time and achieve actual results. The third is to vigorously carry out external prospecting. Make full use of the opportunity of the provincial government to “support the integration of resources by leading enterprisesâ€, adopt different methods, actively promote the integration of mining with Dayu and Yudu, and do everything possible to find and develop resources to replace the reserve base, and strive to build a solid foundation for the sustainable and healthy development of the Group. Resource base. At present, Jiangxi Tungsten Group Co., Ltd. owns 60% of the recoverable reserves of black tungsten metal, and the recoverable reserves of base metals account for 59% of the recoverable reserves of the country. From 2005 to 2008, Jiangxi Tungsten Group Co., Ltd. produced 45,000 tons of tungsten concentrate. Due to the strengthening of internal prospecting work, the resource reserves were only reduced by 5,000 tons. The tungsten resource reserves remained stable and consolidated the Group's tungsten concentrate market. The right to speak.
In the development of the back-end, Jiangxi Tungsten Group Co., Ltd. focused on the Yichun Yankuang expansion project, the rare earth metal expansion project of the Southern Rare Earth High-Tech Co., Ltd., the Huajing Rare Earth New Materials Project, and the Jiuye Plant Rare Earth Phosphor Blending Reconstruction project, waste tungsten recycling project of Zhangzhou Tungsten Alloy Co., Ltd., IT sludge comprehensive recycling production line of Shangrao Huasheng Nonferrous Metal Co., Ltd., construction of SLon-3000 large magnetic separator expansion project of Zhangzhou Jinhuan Magnetic Separation Equipment Co., Ltd. Progress, production within a time limit, production, compliance, and efficiency, forming a new growth point for the Group's economy. With the economic crisis, “forced†industrial upgrading, enterprise restructuring and the opportunity of accelerating the flow of capital, technology and talents, we will find entry points in the survival and inferiority of economic fluctuations, aiming at the resource end and deep processing, through acquisition, holding, shareholding, cooperation, etc. Promote the effective integration of relevant enterprises and resources, introduce key technologies and major projects, increase industrial concentration, and promote the company's leap-forward development. At present, tungsten concentrate production capacity accounts for one-third of the country's total. Tungsten intermediate products and deep-processed products occupy a large share in the market; it has the largest mining and selection enterprise in Asia and the second largest smelting enterprise in China. The domestic market share of concentrate, high-purity cerium oxide and high-purity cerium oxide is 50%, 95% and 75%, respectively; the scale of rare earth metal smelting processing is in an important position in China.
Jiangxi Tungsten Industry Group Co., Ltd. grasps the "two ends" to promote development
Tungsten and rare earth are rare minerals in the world and are nationally protected mining types. Jiangxi Tungsten Group Co., Ltd. starts from the long-term and overall situation, regards resources as the foundation for the survival and development of enterprises, and persists in the path of sustainable development, resolutely overcomes short-sightedness and short-term behavior, and adheres to scientific development and conservation in the development and utilization of resources. In the development strategy, we will adhere to the effective expansion of front-end resources and the extension of back-end products to enhance the company's development potential and competitiveness.