Asian Metal visits Yuguang Gold and Lead, Wan Yang Group

On the morning of December 18, Ms. Alina Fang, the Antimony Market Analyst of Asian Metal, visited Henan Yuguang Gold and Lead Co., Ltd. and Jiyuan Wanyang Smelting (Group) Co., LTD., where she received a warm welcome from both companies.

First, Ms. Alina Fang visited Henan Yuguang Gold and Lead Co., Ltd. and held discussions with Mr. Andong Huang, the Sales Director, and Mr. Lei Chen, the Sales Manager. During the meeting, Ms. Fang provided a brief analysis of the price trends of antimony products both domestically and internationally in 2024, as well as an overview of the current market development. She also offered a forecast for the price trends of antimony products in 2025. At present, with the gradual improvement in domestic comprehensive polymetallic recovery and smelting technologies, as well as recovery rates, the production of antimony trioxide in the Henan market has steadily increased. As a result, it has captured a significant share of the domestic antimony market. Yuguang Gold and Lead's current annual sales of antimony trioxide have reached 5,000 tons.Yuguang Gold and Lead expressed high appreciation for Asian Metal's timely, rigorous, and objective market coverage. Additionally, they confirmed their intention to actively participate in the 11th International Antimony Industry Forum to be held by Asian Metal in Xiamen on March 20-21, 2025.

Henan Yuguang Gold and Lead Co., Ltd. is a holding subsidiary of Henan Yuguang Gold and Lead Group Co., Ltd. It is one of the largest lead smelting enterprises and a major base for silver and recycled lead production in China. The company operates within the non-ferrous metal smelting industry, with a diverse range of products including lead, gold, silver, sulfuric acid, copper, antimony, bismuth, industrial zinc sulfate, and zinc oxide.The company’s main production capacities include: 600,000 tons of lead and 150,000 tons of cathode copper and 13,000 kg of gold and 1,800 tons of silver and 750,000 tons of sulfuric acid. Henan Yuguang Gold and Lead is home to the world’s largest single electric lead production line and holds the position of the largest electrolytic lead production base in Asia. It is also the largest silver production enterprise in China.

Subsequently, Ms. Alina Fang visited Jiyuan Wanyang Smelting (Group) Co., Ltd., where she held discussions with Mr. Zhenhai Lu, the General Manager of the group, along with Mr. Junxue Lu, the General Manager of the sales company, and Mr. Ming Lu, the Sales Manager. The two sides conducted an in-depth exchange, analyzing the current development status and price trends of the antimony market in 2024. They also discussed the current prices of antimony products and the development of downstream application fields. Mr. Lu noted that as the price of antimony products continues to rise, its market value has increasingly captured the company's attention. He shared that Wanyang Group's current annual production of antimony trioxide reaches approximately 5,000 tons. Wanyang Group expressed high regard for Asian Metal’s timely, rigorous, and objective market coverage. Additionally, the company confirmed its intention to actively participate in the 11th International Antimony Industry Forum, which will be organized by Asian Metal in Xiamen on March 20-21, 2025.

The current annual production capacity of Jiyuan Wanyang Smelting (Group) Co., Ltd. includes:350,000 tons of electrolytic lead and 200,000 tons of sulfuric acid and 200,000 tons of alloy lead and 30,000 tons of zinc oxide and 2,000 tons of silver and 5 tons of gold and 5,000 tons of antimony trioxide and 800 tons of bismuth and 600,000 tons of compound fertilizer and 3.6 million KVAH batteries for low-speed electric vehicles and 20 million batteries for electric vehicles and 1.1 million UPS power batteries and 400 tons of silver products and2 tons of gold products. The company holds independent intellectual property rights for a new hot slag reduction process in an oxygen-rich bottom-blow reduction furnace. Additionally, the project "New Technology and Industrial Application of Bottom-Blow Melting-Melting Reduction-Oxygen-Rich Volatile Continuous Lead Smelting" won the second prize of the National Science and Technology Progress Award.