Aluminum Copper Lead

Huaxi Nonferrous reports higher annual tin and zinc production

Guangxi Huaxi Nonferrous Metal Co., Ltd. produced 6,500.19 metal tons and sold 628 metal tons of tin concentrate (including low tin grade) in 2023, up by 22.91% and 50.92% respectively versus the prior year, and its annual production of tin ingot reached 7,195.86 tons, up by 55.16% YoY, with tin ingot sales rising by 38% YoY to 7,135.61 tons, according to the company's annual report.

The company reported annual production of 35,900.09 metal tons of zinc concentrate, up by 32.69% YoY, and annual sales of 9,403.75 metal tons, up by 0.04% YoY. Its annual production of zinc ingot increased by 49.04% YoY to 26,570.19 tons, and sales rose by 47.38% YoY to 26,271.71 tons. The company also produced 14,123.23 metal tons and sold 14,123.23 metal tons of antimony-lead concentrate, up by 22.69% and 21.78% YoY respectively.

Most of the tin concentrate and zinc concentrate produced by Huaxi Nonferrous are used for the production of tin ingot and zinc ingot through consignment agreement. In 2023, 5,962.77 metal tons of tin concentrate and 27,369.79 metal tons of zinc concentrate are for consignment agreement, up by 21.02% and 61.18% YoY respectively.