Asian Metal visits Zhaohe New Materials, Lizhong Chemicals, Nanhan Chemicals, Zibo Rundi Aluminum and Shandong Haiyuanda

On November 1-2, 2012, Asian Metal visited Shandong Zhaohe New Materials Co., Ltd., Bofeng Lizhong Chemicals Co., Ltd., and Zibo Nanhan Chemicals Co., Ltd., with aluminum fluoride capacity of 50,000tpy, 90,000tpy and 30,000tpy respectively. Meanwhile, Asian Metal visited Zibo Rundi Aluminum Co., Ltd. and Shandong Haiyuanda International Trading Co., Ltd., two trading companies.

On the morning of November 1, 2012, senior analyst Friday Gao and analyst Grace Wang from Asian Metal firstly visited Zhaohe New Materials. Mr. Chai Jiong, general manager of Zhaohe, showed his unique opinion on aluminum fluoride market progress and introduced suggesting idea for a healthy and sustainable aluminum fluoride industry development. As for the rebounding prices, Mr. Chai believed that there would be limited room for the market to climb up. Meanwhile, Mr. He Jinping, sales manager of Zhaohe, talked about the market with Asian Metal.

In the afternoon, Asian Metal visited Bofeng Lizhong Chemicals. Mr. Niu Zhiyong, sales manager of the company expressed his idea on aluminum fluoride market and showed concern on the sluggish industry. Based on the capacity of 90,000tpy, the company only runs at 30,000tpy.

Meanwhile, Asian Metal visited Zibo Rundi Aluminum in the afternoon. Mr. Lv Jinghui, manager of international department of the company, talked about current international bauxite market with Asian Metal. Besides Indonesia, the company is trying to find new bauxite sources.

On the morning of Nov 2, Asian Metal visited Nanhan Chemicals. Mr. Cao Hongye, sales manager from the company, introduced their business to Asian Metal and showed their edge in the industry like financing cost.

In the afternoon, Asian Metal visited Shandong Haiyuanda, a major bauxite and alumina trading company in Shandong province. Mr. Li Zhonghua, general manager of the company, disclosed that they would conclude around 10 million tons of metal ores including bauxite and nickel ore in 2013. They have developed new bauxite sources in Philippines, South Africa and Brazil.