Baiyin Nonferrous Group Company Controls 10 Million Tons of Lead and Zinc Resources through M&A

As a provincial key enterprise, Baiyin Nonferrous Group Company undoubtedly play a vital role in the transformation and leapfrog development of Baiyin City.“

The company’s management actively implements the resource guarantee strategy. Through a host of resources expansion projects, the company keeps expanding the scale of resources control. It implemented a tailings processing project in Peru, acquired Gold One International Ltd. (GDO), completed resources integration in Changba deposit area in Gansu,and acquired four mining enterprises in China.Through M&A and development of resources at home and abroad, the company currently controls 4.10 million tons of metal copper,10,000 tons of lead and zinc, 2,000 tons of gold, 80,000 tons of uranium, and 965 tons of silver in metal quantity for mineralization.

Concerning the continuous industry and deep processing, the company further steps up cooperation with scientific research institutes and universities. Through independent innovation and technology introduction, it makes great efforts to develop high-performance nonferrous metal materials, and conducts the comprehensive recycling of nickel and cobalt slag and copper slag, recycling and floatation of lead and silver slag, the comprehensive recycling of valuable elements like lead and silver in smoke and dust. Cadmium, platinum and palladium have been included as products for comprehensive utilization. In this way, the company’s sustainable development capability has been improved. Baiyin Nonferrous Group implemented a total of 21 major projects of mine expansion,resource exploration, smelting technology improvement, and comprehensive utilization of resources, and made a total of 5,886 million yuan in fixed assets.