The Deep Processing Project of UFO Tungsten Products is Progressing Smoothly in Guangxi Ping Gui

Recently, in the China Nonferrous Metals Group Management District  Hezhou Pinggui look high town (Guangxi)  the  UFO Corporation,  the deep processing project site  of tungsten products , many locomotives  are in  land leveling operations rapidly.

The initial investment of tungsten products deep processing projects is over 600 million yuan. It is one of   the important in  China Nonferrous Metal Group with a total investment of over 20 billion Ping Gui UFO non-ferrous metals and high-tech materials industry park. And it is the first major project since  the Ping Gui UFO joined  the China Nonferrous Metals Group  to start construction. The project focused on planning and constructing of an annual output of 5000 tons APT, an annual output of 3,000 tons of tungsten powder, carbide 1000 tons, 500 tons of tungsten metal and its alloy products.  The work of the "five in one" smoothly  progressed since  the project officially  has entered the constructions  by the end of last year and  planed  to put into operation in the end of this year. After the completion of the project, it  is expected to be realized sales revenue of over 1 billion yuan,  profits and taxes of 250 million yuan.


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