Asian Metal visits Dongling Group, Shaanxi Zinc, Shaanxi Leo, Shaanxi Longyield, Ocean Resources, Xingwang Group and Allway Minerals

On March 27-29, Dina Yu, senior analyst of lead and zinc market and Lena Liu, assistant analyst of zinc market visited some lead and zinc smelters and trading companies in Shaanxi Province, and conducted in-depth exchanges and discussions with the companies. Most participants are not optimistic about the lead and zinc market in 2013.

On the afternoon of March 27, Dian Yu and Lena Liu visited Shaanxi Dongling Group and were warmly received by Zhang Minqiang, the General Manager of the lead and zinc marketing department, and Manager Pei Shaohua. Mr Zhang introduced the development of Dongling Group. Dongling Group is one of the most influential private companies in Shaanxi Province, and it forms multiple patterns of metals smelting, mines and energy, international trade, real estate and so on. The zinc and lead smelting capacity is 280,000tpy and the smelter always operates fully. Ms Pei showed Asian Metal around the zinc and lead smelters, and introduced the production processes.

On the morning of March 28, Asian Metal visited Shaanxi Zinc Co., Ltd, and communicated about the zinc market with Guo Jiangfeng, the executive assistant, and Hou Jian, the factory director. They showed pessimistic attitudes towards the market in 2013. The zinc smelting capacity of Shaanxi Zinc is 150,000tpy and the smelter kept operating fully over the past year. Wang Zhengmin, the Chief Engineer of Shaanxi Zinc, will make a speech on the Lead, Zinc & Silver Mining Investment & Trading Summit 2013 which will be held by Asian Metal on April 24-26.

On the morning of March 28, Asian Metal visited Shaanxi Leo Trading Co., Ltd and Shaanxi Longyield Co., Ltd, and had a deep communication about the lead and zinc concentrate market with Yang Shilei, the Deputy General Manager of Leo company and An Yu, the General Manager of Longyield company.

On the morning of March 29th, Asian Metal visited Shaanxi Ocean Nonferrous Resources Co., Ltd and talked with Chu Qi, the sales manager. Mr. Chu introduced the current market status and their company business. Shaanxi Ocean Nonferrous Resouces were active in investing the nonferrous metal mines in China and overseas market. Mr. Chu held relatively optimistic prediction on the market outlook in the long term.

On the morning of March 29th, Asian Metal visited Xingwang Group and talked with the marketing director Wang Hongjun. Asian Metal's analysts and Mr. Wang exchanged their thought about the current zinc market. Mr. Wang predicted that the zinc market may remain sluggish in the near term. Their zinc smelter mainly processes low grade zinc oxide as raw materials. Meanwhile, Mr. Wang was interested in attending Lead Zinc & Silver Mining Investment & Trading Summit 2013, which will be held in Xi'an Shaanxi province during April 24-26.

On the afternoon of March 29th, Asian Metal Visited Allway Minerals and Science Technology Co.,Ltd and talked about the zinc concentrate market status and the outlook with Zhang Qi, the director of Business Department. The company's zinc mine is operating normally in Yunnan and they invested in nickel mine in Indonesia.