It was learned from China Minmetals Corporation on the 1st that the company's operating income, total profit and net profit in the first half of the year increased by 12.7%, 2.2% and 4.2% respectively year-on-year.
China Minmetals recently held the 2023 mid-year economic operation analysis meeting to summarize the production and operation performance in the first half of the year and make arrangements for the work tasks in the second half of the year.
The meeting pointed out that in the first half of this year, China Minmetals accelerated the pace of prospecting in the metal mining industry, and made major breakthroughs in prospecting. The Siadic Copper Mine in Pakistan has discovered large-scale copper deposits, the Bambas Copper Mine in Peru has discovered thick and large copper-molybdenum ore bodies, and the scale has reached more than large scale. The rich iron-copper ore body is a pioneering demonstration for the innovation of metallogenic theory and a new round of ore prospecting for the country.
In terms of mine production, sales of Bambas Copper Concentrate, Papua New Guinea Cobalt and Nickel increased by 109%, 211% and 56% year-on-year respectively; Mining and beneficiation and spherical project partial test run with materials, construction of Chentaigou Iron Mine started, and Kangjiawan Mine technology upgrading project progressed on schedule.
In terms of resource trade, in the first half of the year, China Minmetals cooperated deeply with well-known international companies such as BHP Billiton, Brazil's Britirama, and Zijin Mining. .
In terms of metallurgical construction, the iron and steel metallurgy "green low-carbon hydrogen metallurgy technology and key equipment research and development" project broke the foreign monopoly and successfully demonstrated in the first set (set) of Shanxi Jinan Iron and Steel Co., Ltd.; the blast furnace gas total sulfur removal technology project passed the comprehensive demonstration by experts ;Converter flue gas waste heat recovery and dust removal projects were successfully implemented in Jianlongxi Steel and Benxi Iron and Steel, which improved both economic and energy-saving benefits; the system solution for the intelligent factory system of the whole process of metallurgy was implemented in Hunan Henggang.
In the first half of the year, the amount of new contracts signed by China Minmetals Engineering and Construction increased by 10% year-on-year, and successively won the bids for Yunnan Desheng Iron and Steel Vanadium and Titanium Metal Ecological Industrial Park, Anhui Wuhu New Display Production Line, Heping Bay Ecological Science and Technology Innovation Demonstration Zone, Suining to Chongqing Highway expansion projects and other projects.
In terms of new energy materials, the cost of increasing lithium carbonate output was reduced, the output of nickel sulfate increased by more than 50% year-on-year, and the recycling volume of new energy batteries increased by 44% year-on-year. Huabei Aluminum has completed the trial production of new cold rolling and aluminum foil rolling mills, and is able to undertake the strategic emerging industry tasks of new energy battery materials. In terms of metal materials, the output of CNC cutting tools, tantalum and niobium products, and powder products has steadily increased. In terms of silicon-based materials, a unique silicon-based material technology pedigree and key core technology system have been formed, and value chain cooperation agreements have been signed with a number of important corporate customers.
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