Shandong Fangyuan Nonferrous Metals Group

Founded in 1998, Shandong Fangyuan Nonferrous Metals Group is a grouping enterprise integrating scientific research, industry and trade. The Company mainly focuses on cathode copper production while also working for comprehensive extraction of precious and scarce metals including gold, silver, platinum, palladium, selenium, antimony, bismuth, etc. With total assets of 24.3 billion yuan, the company has more than 2,700 employees. As the sixth largest copper producer and one of the top ten gold and silver producers in the country, the company is also ranked among the top one hundred enterprises in Shandong Province and top five hundred all over the nation. In 2013, the copper production volume amounted to 376 thousand tons, the gold 16.8 tons and the silver 367.5 tons,with the sales income reaching 55.83 billion yuan, profit taxation 3.6 billion yuan and the import value 3 billion US dollars.

■ Devoted to high quality product and trying for the best

The company mainly produces “Lufang” brand high-purity cathode copper, smooth and fine from surface with uniform and compact texture. The impurity in the product is only one third (20ppm) of the standard (65ppm) stipulated by the State. It is a famous brand product in Shandong Province, a national inspection-free product, a registered brand in Shanghai Futures Exchange and Famous Trademark of China. In 2008, the company was awarded with the “Nonferrous Metals Product Quality Gold Medal” which is the symbol that the copper product from the company is one of the best products all over the world. Gold and silver products with “Lufang” mark are “National Class A” products.

■Boosting the innovation in science and technology, leading the thriving prosperity in the future

The company, together with China Nonferrous Engineering and Research Institute, has developed the program of “Oxygen Bottom-blown Smelting Technology for Polymetallic Trapping”. Owning completely independent intellectual property right, the program has been listed in the scientific and technological supporting plan of the state; it is also one of the 17 key scientific and technological programs under the supervision and guidance of the State Council. The technology has been under strengthened promotion and popularization as “a key technology of great significance in facilitating the upgrading and vitalization of nonferrous metals industry”.

Through over many years of production practice, various technical indices of the program have reached the world leading level, which represents that our company has developed the most advanced sets of equipment and techniques for comprehensive polymetallic extraction involving copper, gold, silver, etc. In2010, the technique won the “First Prize for Progress in Science &Technology in Shandong Province” and “First Prize for Science &Technology in China’s Nonferrous metals Industry” in succession. It has filled the vacancy in nonferrous metals industry, both at home and abroad; it also has been recorded in the history as “the world’s fourth generation of new copper smelting technology”. In 2011, the technology was listed into”Nonferrous metals industry ‘Twelfth Five-Year’ development plan” by MIIT (Ministry of Industry and Information Technology of the People’s Republic of China). Nowadays, there are over ten domestic companies applying the technique, while mines and smelting plants in Chile, Canada, Australia and Africa are under way or preparing to utilize it for technical alteration or upgrading.

At present, the company has undertaken the theme of “research on key technology and devices for clean production technique of oxygen bottom-blown continuous copper smelting” within the national “863 Plan” and the industrialization demonstration will be conducted during the implementation of “the twelfth five-year plan”.

■Deploying resources within the global range and cooperating with world-top partners with abundant experiences and outstanding reputation

The company has been adhering to the strategy of “going global” and the overall principle of “utilizing two resources and exploring two markets” all the way to expand raw materials supply channels. On one hand,profound cooperative relationship has been established with world famous mining enterprises and trade businesses and initiative has been taken predicated on technical advantage of the capability of bottom-blown techniques of handling complex polymetallic mineral materials, thus a strong mineral powder supply network has come into shape in over ten nations and regions in the world to provide sound guarantee for mineral supply; on the other hand, steady copper scrap supply network and bases have been found in America, Europe and Africa in coordination with large copper scrap suppliers in the world, so as domestic bases on the basis of preferential policy of the state in spheres of recycling economy and “urban mine” development ; besides, cooperative relationship has been built up with a great number of large-scale domestic smelting plants, with supply channels of blister copper and anode plate expanded. Therefore, the company has forged a raw material structure pattern like a “three-leg stool” consisting of “concentrate, copper scrap and blister (anode) copper” which can safeguard the raw material supply of the company. Moreover, the company will further utilize the technical advantage and the platform of Fangyuan International Logistic Center being under construction, so as to invest great endeavor in cultivating itself into a window to introduce external mineral materials to the north part of the country.

■ Social responsibility, honesty and credit operating with reputation gained from society

The company is a high-tech base for National Heavy Non-Ferrous Quality Monitoring and Inspection Center, a research base on Beijing Modern Recycling Economy Institute and a demonstrative enterprise for Shandong Province recycling economy. The company has been awarded with various medals including National Advanced Enterprises, Private Science and Technology Development Award from the State, AAA Credit Enterprise from National Nonferrous Sector Evaluation,Excellent Enterprise for Harmonic Labor Relation in Shandong Province,Provincial Credible Enterprise, AAA Credit Enterprise from Banking System,Advanced Enterprise for Tax Payment, Advanced Enterprise for Quality Control,Advanced Enterprise for Environmental Protection, Advanced Enterprise for Recycling Economy Energy Saving and Consumption Reduction, Advanced Enterprise for Safety Production, Advanced Enterprise for Foreign Trade and many other honorary titles.

■Forging new brilliance in nonferrous industry based upon the Yellow River Delta

The company is constantly optimizing the production and processing chain fornonferrous metals, plans for the coming years include:

●Phase II construction of “Oxygen Bottom-blown Smelting Technology for Polymetallic Trapping Program”, “Metal Mineral Program of over 1Million Tons Annual Processing Capacity”, 0.4 Million Tons Copper Electrolysis Program, Precious And Scarce Metal Comprehensive Extraction Program, Nonferrous Metals and Secondary Copper Comprehensive Recycling Project and Technical Equipments Incubation and Production Model Base Project.

● The Fangyuan International Logistic Center will be constructed to serve high-efficiency eco-economic zone at the Yellow River Delta as well as some north and middle Shandong areas,which will become the major logistic hub connecting Shandong peninsula and Beijing, Tianjin, Hebei and Henan. Therefore, an industrial chain with coordinated development of “material flow, capital flow, information flow and business flow” will be formulated, leading rapid growth and blooming in transportation, processing, financing, insurance and other economic sectors.

● In light of requirements of the State Council, based on Fangyuan scientific and Technical Company,institutes and centers for smelting and chemical engineering technology, we will promote the widespread application of “Oxygen Bottom-blown Smelting Technology for Polymetallic Trapping” and contribute our share to boosting technical upgrading and industrial advancement for China’s nonferrous metals sector.

Target of the Group by the end of the “twelfth five-year plan”: an annual cathode copper yield of 0.7 million tons will be fulfilled, gold 30 tons and silver 1000 tons; The group will ensure a sales income over 100 billion yuan.

Top