Yunnan Copper Unveils Ambitious Five-Year Plan with $2.5 Billion Development Goals

Yunnan Copper, a Shenzhen-listed company, has announced its 11th Five-Year Development Program, aiming to achieve significant growth in various sectors. The company seeks to produce 20.5 billion yuan in industrial output value and 1.8 billion yuan in gross profit. Key targets include expanding production capacity in electric copper, sulphuric acid, gold, and silver, among others. To reach these goals, the company will invest 1.95 billion yuan in technical renovation projects and construct new electrolytic copper production bases.

Key Takeaways:

  • Yunnan Copper aims to achieve an industrial output value of 20.5 billion yuan and a gross profit of 1.8 billion yuan.
  • The company targets a production capacity of 600,000 tons of electric copper, 750,000 tons of sulphuric acid, 12 tons of gold, and 850 tons of silver.
  • To expand production capacity, the company will renovate existing crude smelting processes and construct new electrolytic copper production bases.
  • Yunnan Copper has net assets valued at 2.5 billion yuan and is capable of producing 200,000 tons of crude steel, 350,000 tons of electrolytic copper, and 650,000 tons of sulphuric acid annually.
  • The company ranks third among large copper enterprises in China.
  • The company's five-year plan includes investment of 1.95 billion yuan in technical renovation projects.

Statistics:

  • Industrial output value target: 20.5 billion yuan (US$2.5 billion)
  • Gross profit target: 1.8 billion yuan
  • Electric copper production capacity target: 600,000 tons
  • Sulphuric acid production capacity target: 750,000 tons
  • Gold production target: 12 tons
  • Silver production target: 850 tons
  • Crude selenium production target: 160 tons
  • Copper tellurate production target: 70 tons
  • Platinum-palladium products production target: 80 kg
  • Electric lead retrieval target: 3,500-4,500 tons/year
  • Dynamo copper retrieval target: 300-400 tons/year
  • Bismuth retrieval target: 350-400 tons/year
  • Zinc sulphate retrieval target: 5,000-6,500 tons/year
  • Sponge cadmium retrieval target: 250-300 tons/year
  • White arsenic retrieval target: 1,000-1,150 tons/year

Sources:

(XIC, 10-02 1448)