Although the types of processes used in domestic copper smelting are diverse, they are all famous for their advanced nature and high efficiency. Among them, due to its extremely high desulfurization rate and energy saving, flash smelting has become the most popular smelting process in China. Flash smelting production capacity accounts for approximately 30%-40% of the rough smelting capacity of domestic copper smelters. Copper smelting concept stocks refer to the stocks of listed companies engaged in copper smelting. So what are the copper smelting concept stocks?
A list of leading copper smelting concept stocks
1. Zijin Mining (601899), released a private placement plan on the evening of July 8, 2016. The company plans to sell at no less than 3.09 yuan per share The non-public issuance of no more than 1.553 billion shares and the total amount of funds raised is no more than 4.8 billion yuan, which is planned to be used for the Kolwezi copper mine construction project in the Democratic Republic of the Congo, Zijin Copper's comprehensive recycling and expansion project of end-of-life production materials and supplementary companies Liquidity. In terms of raised investment projects, the total investment in the Kolwezi copper mine construction project in the Democratic Republic of the Congo is 3.862 billion yuan, and it is planned to invest 3.396 billion yuan in raised funds. After the completion of the project, it will process 1.65 million tons of copper ore annually, produce 7,212 tons of copper sulfide concentrate (containing 60% copper) annually, and produce 43,616 tons of blister copper (containing 90% copper) annually through pyrometallurgy. The annual smelting output of electrolytic copper is 8,203 tons.
2. Jiangxi Copper (600362), the company’s mineral resource reserves rank first in the country, its copper ore output accounts for 15.5% of the country’s total, and its refined copper output accounts for 18.5% of the country’s total. In January 2009, the day when the first batch of cathode copper was shipped out of the eastward expansion project of Jiangxi Copper and Guiye Electrolysis, marking the formation of the company's copper production capacity of 900,000 tons (originally 700,000 tons), further consolidating the company's status as the largest in China and the third largest in the world. As a copper smelting manufacturer, as of the end of 2013, the current production capacity of cathode copper exceeded 1.1 million tons, continuing to maintain its leading position in the domestic copper industry.
3. Western Mining (601168). The company is one of the top basic metal mining companies in China and one of the most competitive resource development companies in the west. The company operates integrated basic metal mining, In terms of smelting and trading business, the company is the fourth largest zinc concentrate producer, the second largest lead concentrate producer and the seventh largest copper concentrate producer in the country based on the amount of metal contained in the concentrate. The company invested 320 million yuan to set up a project company to undertake a 100,000-ton copper smelting project, accounting for 40% of its registered capital. The construction scale of this project is to produce 100,000 tons of cathode copper per year. After it is put into operation, it will reach an annual output of cathode copper by tapping the potential and expanding production. 120,000 tons; the estimated investment of the project is 2.28 billion yuan, the construction period is 36 months, and it is expected to be completed and put into production in the second quarter of 2014. The internal rate of return of the project is expected to be 12.34%. This project is the first copper smelting project in Qinghai Province and was included in the key construction projects of Qinghai Province in 2011.
4. Tongling Nonferrous Metals (000630). By continuously improving the industrial chain and increasing investment in copper processing, the company has entered the processing of copper wires, rods, foils, plates and strips. It is currently the largest domestic company in the industry. The copper company with the most complete industrial chain. The company's issuance of convertible bonds not exceeding 2 billion yuan was completed in August 2010. The bond term is 6 years from the date of issuance of the convertible bonds. The initial conversion price is 15.68 yuan/share and the duration is from July 2010. From July 15th to July 15th, 2016. All the funds raised will be used for the Tongling non-ferrous copper smelting process technology upgrade project. The total investment in the project is 5.504 billion yuan, of which the investment in the first part of "double flash" copper smelting is 5.118 billion yuan. The main product design scale is cathode copper 400,000 yuan. tons/year and 1.515 million tons/year of sulfuric acid (based on 100% sulfuric acid). The project construction period is 3 years and the production period is 1 year. The "double flash" process can reduce the processing cost from copper concentrate to cathode copper by 26.6%, and the sulfuric acid processing cost by 40.5%. (As of the end of 2013, the cumulative investment was 3.921 billion yuan, and the project progress was 99.3%).
5. Yunnan Copper (000878), the company is the first Chinese company to join the International Copper Association. It is one of the largest copper smelting and copper processing companies in China, and its production and sales rate has always maintained 100%. , the domestic market share is 12%.
(In 2013, the company's mines produced 66,116 tons of self-produced copper metal (including 64,655 tons of self-produced concentrates containing copper and 1,461 tons of mine electrolytic copper), with an annual plan completion rate of 117.04%, a year-on-year decrease of 2.09%; refined copper was 422,592 tons, and the annual The planned completion rate is 101.90%, an increase of 3.06% year-on-year; gold is 5,374 kilograms, the annual plan completion rate is 101.40%, a year-on-year decrease of 29.03%; silver is 451 tons, the annual plan completion rate is 128.80%, a year-on-year decrease of 16.05%; sulfuric acid is 1.3163 million tons, The planned completion rate is 107.30%, a year-on-year increase of 5.27%. The iron pellets are 804,100 tons, and the annual plan completion rate is 94.60%, a year-on-year increase of 22.81%).
6. Silver Non-ferrous Metal (601212). The 2017 annual report stated that the traditional industry relies on project construction and three major innovations, with a mining capacity of more than 10 million tons and a smelting capacity of more than 500,000 tons. The Chengzhou smelter contains Four projects including the comprehensive recycling of zinc slag have reached production and standards, and eight projects under construction, including the upgrading and transformation of copper smelting technology and the expansion and transformation of 3 million tons of plant and dam mining and selection, have completed investment and construction progress. The seven non-ferrous metal mines wholly owned or controlled by the company and operated are located in Gansu and Xinjiang, with copper, lead and zinc resources reaching 433,400 tons, 1,279,300 tons and 5,908,000 tons respectively. According to statistics from the China Nonferrous Metals Industry Association, the company's cathode copper output in 2015 ranked ninth among companies in the industry.
7. Hailiang Co., Ltd. (002203), the company is China’s largest copper pipe exporter and the second largest copper pipe manufacturer in China. It has become one of the three leading companies in China’s copper pipe industry recognized by the industry. It is also the largest precision copper rod manufacturer in China, the second largest copper rod manufacturer in China, and the largest exporter of copper and copper alloy tubes in China. Among them, the export volume of copper alloy tubes ranks first, and the export volume of refined copper tubes ranks first in the country. Second, the high-precision copper pipe (internally threaded copper pipe) product has won the title of "China Famous Brand", and the "Hailiang" trademark has been recognized as a "well-known trademark".
8. HBIS Resources (000923), the 2017 annual report stated that the company completed a major asset restructuring of Silian China Hong Kong. The announcement shows that the main business of Silian China Hong Kong and its subsidiaries is the development and operation of copper mines and vermiculite mines in South Africa, as well as the processing, sales and services of self-produced mineral products. Through its holding subsidiary PC, Silian China Hong Kong has realized the mining and smelting of Palabora copper mine and vermiculite mine in South Africa.
9. Chujiang New Materials (002171). The company is mainly engaged in the research and development, production, sales and service of two series of copper-based alloy plates and strips: brass and tin-phosphorus bronze. It has H62, H65, H68, H70 and above various grades, thickness from 0.08** to 2.5**, width from 10** to 310**, including high, medium and low-end copper plate and strip products of different specifications, different grades, different states, dozens of varieties, thousands of specifications .
10. Zinc Industry Co., Ltd. (000751), Huludao Zinc Industry Co., Ltd. is an enterprise with zinc as its main product. Business scope: zinc, copper smelting and deep processing products, sulfuric acid, cadmium, indium comprehensive Utilize product processing, non-ferrous metal and product processing.