Xiamen Tungsten rise in northern Jiangxi Tungsten Industry CMN layout in advance Recently

 the State Environmental Protection Department website officially publicized, said the listing of Baiyin Nonferrous Group in line with environmental verification. This means that has been plagued by Baiyin Nonferrous Group listed environmental problems has been settled, but also indicates that listing matters Baiyin Nonferrous Group also made a crucial step forward.
It is understood that the State Environmental Protection Department website publicity letter shows through Gansu Province, Shaanxi Province, Inner Mongolia Autonomous Region, Xinjiang Uygur Autonomous Region and tungsten eletrode Region Environmental Protection Office of the trial, as well as the verification of environmental and social ministry organizations publicity, Baiyin Nonferrous Group is currently listed on the basic environmental compliance verification requirements.
It is understood that the listing contains silver colored verification of 17 subsidiaries of the Group's existing and proposed acquisition of four companies, the main business is copper lead, zinc and other metal ore mining, metal ore, tailings mining, steel , metal processing, as well as aluminum fluoride, electric zinc, refined lead, refined cadmium, sulfuric acid production. These companies are mostly concentrated in Baiyin City, Gansu Province, others are located in Fuyun County, Xinjiang, Gansu Longnan City, Inner Mongolia, Abba Karma town and other places.
A brokerage executives said yesterday, silver colored motherboard future plans landing A-share market, public offering of 800 million shares to 11 million shares, raising funds of about 3 to 4.5 billion, mainly for the five equity shares of the company acquired and 16 projects, These projects mainly include mineral mining, utilization and so on.
Background: Baiyin Nonferrous Group's predecessor was built in 1954, Baiyin Nonferrous Metals Corporation, is the oldest building after the founding of New China's large copper sulfide joint venture, has been included in the national "fifteen" "Plan" and the "eight five" key construction projects. Its copper-sulfur output, output value and profits had 18 consecutive years, ranking first in the same industry, became China's largest non-ferrous metal production enterprises. July 2007, in Baiyin Nonferrous Metals Corporation bankruptcy reorganization, based on funded by the Gansu Provincial State owned company Baiyin Nonferrous Metals Group Co., Ltd., in November 2008, the company successfully introduced Chinese CITIC Group invested 3.26 billion yuan strategic change to joint stock company. Silver colored 2012 operating income of 37.3 billion yuan, an increase of 70.68%; net profit of more than 800 million yuan, an increase of 13.52%. Meanwhile, in the past three years, invested 541 million yuan silver colored pollution, while its net profit for the last three years the sum of about 20 million.