Asian Metal visits Huaxing Nonferrous Metals

On the morning of January 8, 2022, Asian Metal's Sales Director Mr. Hao Zhao and Antimony Market Analyst Ms. Alina Fang visited Hunan Huaxing Nonferrous Metals Holding Co., Ltd. and were warmly welcomed by Mr. Wen Gong, the General Manager of the company. The two sides exchanged views on the company's production of antimony trioxide, antimony ingot and crude lead in 2021. Mr. Wen Gong said Huaxing Nonferrous Metals achieved its production plan of 8,000t of antimony trioxide, 3,000t of antimony ingot and 4,000t of coarse lead for 2021 and aims to produce about 10,000t of antimony trioxide in 2022. Mr. Wen Gong explained the current prices for antimony products are balanced by the tight supply of raw materials and the slow demand from downstream market. 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., and mainly engages in the production and sales of antimony trioxide, antimony ingot, coarse lead, antimony-lead alloy and coarse silver. With Guizhou Huaxing Metallurgy's 20,000tpy antimony products project and Guizhou Huaxing Environmental Production Technology's 300tpy coarse silver recycling project on track to commence production in 2022, Huaxing Nonferrous Metals will continue its focus on cultivating and building the core competitiveness of Huaxing brand in a market-oriented and customer-centered approach.

As a long-term membership of Asian Metal, Huaxing Nonferrous Metals has been referring to Asian Metal's antimony market prices and information and affirms the objective, fair and professional information service, and also expressed its wish to strengthen cooperation with Asian Metal in a wider range of areas. Mr. Wen Gong spoke highly of the previous Antimony Forums held by Asian Metal and said the company would actively participate in and sponsor the 8th Antimony Forum to be held by Asian Metal on March 24-25, 2022 in Sanya, Hainan.