Asian Metal visits Yexing Antimony, Zhongnan Antimony & Tungsten, Forea Industries, Huaxing Nonferrous

On December 28, Asian Metal Sales Director Mr. Hao Zhao and Antimony Analyst Ms. Alina Fang visited Hunan Zhongnan Antimony & Tungsten Trading Co., Ltd., Changsha Yexing Antimony Industry Co., Ltd., Forea Industries Co., Ltd. and Hunan Huaxing Nonferrous Metals Holding Co., Ltd., and were warmly greeted by these companies.

On the morning of December 28, the Asian Metal team visited Changsha Yexing Antimony Industry Co., Ltd. and met with its General Manager Mr. Xiao Tang. The two sides exchanged views on current developments on the sodium pyroantimonate market in the context of growing demand for photovoltaic glass as well as on supply status of antimony oxide ore powder, the raw material for sodium pyroantimonate. Changsha Yexing Antimony, owning a land area of 30,000 square meters and workshops of 12,000 square meters, focuses upon upgrading and precision processing of antimony products. Its sophisticated products such as ethylene glycol antimony and metal deactivator are well sold both in China and abroad. With an existing production capacity for a variety of deep-processed antimony products including 6,000tpy of ethylene glycol antimony, 6,000tpy of sodium pyroantimonate, 2,000tpy of sodium antimonate and 3,000tpy of metal deactivator for petroleum refining purpose, the company is a large-size deep-processing antimony products producer in China with strong technical strengths and boasts high prestige in the antimony market. Changsha Yexing Antimony has long referred to AM antimony prices and information and thinks highly of objective, fair and professional market information provided by Asian Metal. It also gives applause to the antimony forums hosted by Asian Metal in previous years and plans to participate in the 10th Antimony Forum to be held by Asian Metal in Zhuhai, China on March 21-22, 2024.

Subsequently, Mr. Hao Zhao and Ms. Alina Fang visited Hunan Zhongnan Antimony & Tungsten Trading Co., Ltd. and met with Mr. Buming Liu, general manager, Ms. Jingjing Yan, general manager assistant, Mr. Zihao Xiong and Ms. Xiaoqing Deng, business managers. Both parties conducted in-depth exchanges on the antimony products export market situation as well as the application and development environment of antimony products in the international market in 2023. Against the complex and ever-changing background of the international antimony products market, Zhongnan Antimony & Tungsten has achieved new breakthroughs in the antimony products export market in 2023, exporting more than 9,600t of antimony oxide and over 1,050t of antimony ingot. Hunan Zhongnan Antimony & Tungsten Trading Co., Ltd. is specialized in the export of antimony and tungsten products, the import of antimony concentrate, tungsten concentrate and gold concentrate, and the import of antimony-tungsten-gold bulk concentrate. The company's exports of antimony products (antimony ingot and antimony trioxide) account for over 20% of the national total, and imports of antimony raw materials account for about 15% of the national total, which makes it one of the leading companies in the global antimony and tungsten industry. As a subscriber of Asian Metal for many years, Hunan Zhongnan Antimony & Tungsten has long been paying attention to and referring to Asian Metal's export and international market information of antimony products, affirmed the objective, fair and professional market information, and at the same time, expressed its recognition of Asian Metal's previous antimony industry forums. Furthermore, the company noted that it will positively participate in the 10th Antimony Forum held by Asian Metal in Zhuhai, China on March 21-22, 2024.

On the afternoon of December 28, Mr. Hao Zhao and Ms. Alina Fang visited Forea Industries Co., Ltd. and met with the company's Deputy General Manager of the Mineral Department, Mr. Bang Chen, and business managers Mr. Fan Xie, Ms. Yingping Liu and Mr. Qiang Zhou. The two sides exchanged views on status quo of supply in the international antimony ore market, especially the import of antimony ore from Myanmar, Africa and South America. With a trade volume of over 5,000t of antimony ore in 2023, Forea Industries focuses on import & export, R&D and production of mineral resources including antimony, copper and lithium battery materials. Having established overseas offices, the company ranks among the top three antimony ore importers in China and becomes a major Chinese importer of antimony-bearing gold ore and high-arsenic gold ore. As a subscriber of Asian Metal for many years, Forea Industries has been paying attention to and referring to the information related to China's export market and the international market supplied by Asian Metal, with high affirmation to the objective, fair and professional market information as well as the previous antimony forums held by Asian Metal. Forea Industries disclosed that it will proactively participate in the 10th Antimony Forum to be held by Asian Metal in Zhuhai, China on March 21-22, 2024.

Later, Mr. Hao Zhao and Ms. Alina Fang visited Hunan Huaxing Nonferrous Metals Holding Co., Ltd. and met with Mr. Wen Gong, General Manager, Mr. Liyong Liu, Deputy General Manager of Sales, and Ms. Xiaoling Ouyang, Deputy General Manager of International Trade Department. The two sides exchanged views on the current development situations of the antimony market and discussed the production and operation of Huaxing Group's antimony oxide, antimony ingot and other products in 2023. Mr. Wen Gong believed that the current demand for antimony oxide from end consumers is strong, and the raw material market has been in short supply. Hunan Huaxing Nonferrous Metals Holding Co., Ltd. is formed by Hunan Loudi Huaxing Antimony Industry Co., Ltd., Guizhou Huaxing Metallurgy Co., Ltd. and Hunan Huaxing Trade Co., Ltd. Its business involves the production and sales of products such as antimony oxide, antimony ingot, crude lead, lead antimony alloy, and crude silver. Huaxing will continue to be market-oriented and customer-centric, cultivating and building the core competitiveness of Huaxing brand. As a subscriber of Asian Metal for many years, Hunan Huaxing has long been paying attention to and referring to the export and international market antimony product information provided by Asian Metal. The company affirms Asian Metal's objective, fair and professional market information, recognizes previous antimony industry forums held by Asian Metal, and will actively participate in the 10th Antimony Forum to be held in Zhuhai, China on March 21-22, 2024.