Nonferrous Metals Group
Founded in 1998, Shandong Fangyuan Nonferrous Metals Group (hereinafter “Fangyuan”) is a group enterprise integrating comprehensive extraction of rare precious metals and scattered metals, recycling and utilization of renewable resources, scientific and technological research and development and publicity. Fangyuan mainly focuses on production of copper, gold and silver while also working for comprehensive extraction of precious and scarce metals including platinum, palladium, selenium, tellurium, bismuth, etc. With total assets of 31.4 billion yuan, the company has more than 2500 employees. In 2018, the copper cathode production volume amounted to 748 thousand tons, the gold 23.2 tons and the silver 504tons, with the sales income reaching 62.5 billion yuan, 3.02 billion yuan of profit and tax.
In the future, the company is constantly optimizing the production and processing chain for nonferrous metals, improving all aspects of management level of the enterprise to build a world-class copper enterprise.