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Development Strengths of Shenglong
Multi-dimensional empowerment, laying the foundation for the long-term growth of Shenglong
Exceptional Resource Endowments
Huge Potential for Resource Development
Extensive Room for Industrial-chain Supplementation and Extension
Prominent Geographical Advantages
Exceptional Resource Endowments
Shenglong boasts considerable non-ferrous metal reserves of high economic value. The Nannihu Molybdenum Mine of Longyu Molybdenum stands among China’s leading single-site molybdenum mines. Characterized by large reserves, shallow burial, easy mining and beneficiation, high mechanization and sound safety conditions, it builds a robust resource base for the company’s future growth.
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Huge Potential for Resource Development
Shenglong is committed to developing its core molybdenum business. Upon completion of ongoing projects of Longyu Molybdenum, including capacity-expansion construction at the Nannihu Mine, intelligent renovation and expansion of the Xiaomiaoling Concentrator for efficient development and utilization of low-grade ore, and construction of the Taowan Xianchigou Tailings Pond, a mining-and-processing capacity of 50,000 tonnes of ore per day will be achieved. The Angou Molybdenum Polymetallic Open-pit Mining Project under implementation by Longxin Molybdenum will deliver a production capacity of 5,000 tonnes of ore per day. The company enjoys huge potential in resource development with remarkable economic-benefit advantages.
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Extensive Room for Industrial-chain Supplementation and Extension
As scarce strategic commodities, mineral resources have drawn rising capital attention in recent years. Fueled by fast-growing mineral consumption, the downstream sector offers broad potential for chain extension and supplementation. Supported by new generation of tungsten-molybdenum products, metallic and non-metallic new materials, Shenglong is shifting its focus toward deep processing field, promoting large-scale, intensive and standardized development of the tungsten-molybdenum industry.
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Prominent Geographical Advantages
As a key Belt-and-Road node city, national regional central city, national comprehensive transport hub and sub-central city of the Central Plains Urban Agglomeration, Luoyang City features solid industrial foundation, rich natural resources and favorable geographic-transport conditions. Altogether 106 mineral types (including sub-mineral species) have been identified across the city.It ranks first in China in terms of molybdenum reserves and hosts world-class molybdenum mines. Shenglong enjoys unparalleled advantages in conducting the production and sales of molybdenum products in this region.
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Learn about Shenglong Company
Luoyang Shenglong Industrial Co., Ltd. (hereinafter referred to as “Shenglong Company”) was established in December 2020 and is a state-controlled enterprise in Luoyang City. Its registered capital stands at RMB 1 billion, with Luoyang Nonferrous Mining Group Co., Ltd. holding a 51% stake and Luoyang Urban-Rural Construction Investment Co., Ltd. holding a 49% stake. The company operates in the nonferrous metal mining and beneficiation sector, primarily engaging in molybdenum ore mining, ore dressing, smelting, deep processing, and the sale of mineral products.
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Development Strengths of Shenglong
Exceptional resource endowments,huge potential,extensive room for supplementation and extension,geographical advantages and promising valuation prospect.
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Sustainable Development
Green development · Health and safety · Fairness · Social Responsibility.
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Contact Us
Address
Room 2211, 22nd Floor, Science and Technology Building, No. 28 Jinchengzhai Street, Luolong District, Luoyang City, Henan Province
Board of Directors Office Phone Number
Board of Directors Office Email
