Shandong Fangyuan Nonferrous Metals Group Co., Ltd.

Shandong Fangyuan Nonferrous Metals Group Co. was established in 1998, and it is a company mainly engaged in cathode copper production including gold, silver, platinum, palladium, selenium and other rare and precious metals extraction. The total assets of the company are 5 billion yuan. The company has three industrial parks, and the total occupied area is over 4500 square meters. The company has about 2000 staffs. The annual output is 200,000t high-purity cathode copper, 5t gold and 50t silver. The company is among the six strongest enterprises in the sector, ranks first among non-state owned enterprises, one of the top hundred strongest enterprises in Shandong Province and one of five hundred strongest enterprises nationwide.
　　It is expected that the company is to produce 100,000t anode copper from copper concentrates, 200,000t high-purity cathode copper, 5t gold and 50t silver and to achieve 15 billion yuan of turnover and 1.2 billion yuan of profit and tax in 2009. [Details]