-
AboutUpholding the guiding ideology of using the association as a platform, centering on member units, and taking industry development as our responsibility, we fully leverage the initiative of the association to create a fair, transparent, and efficient industry organization led by the enterprises.
-
NewsUpholding the guiding ideology of using the association as a platform, centering on member units, and taking industry development as our responsibility, we fully leverage the initiative of the association to create a fair, transparent, and efficient industry organization led by the enterprises.
-
ResearchUpholding the guiding ideology of using the association as a platform, centering on member units, and taking industry development as our responsibility, we fully leverage the initiative of the association to create a fair, transparent, and efficient industry organization led by the enterprises.
-
EventsUpholding the guiding ideology of using the association as a platform, centering on member units, and taking industry development as our responsibility, we fully leverage the initiative of the association to create a fair, transparent, and efficient industry organization led by the enterprises.
-
MembersUpholding the guiding ideology of using the association as a platform, centering on member units, and taking industry development as our responsibility, we fully leverage the initiative of the association to create a fair, transparent, and efficient industry organization led by the enterprises.
The 2020 China Precious Metals Industry Conference was successfully held
Release time:
07 Aug,2020
With the easing of the nationwide epidemic, the Precious Metals Industry Committee of the China Resource Recycling Association held a China Precious Metals Industry Work Conference on August 7, 2020. The conference was an internal working conference, mainly limited to member companies.
Following the easing of the nationwide epidemic, the Precious Metals Industry Committee of the China Resource Recycling Association held a work meeting on the Chinese precious metals industry on August 7, 2020. The meeting was an internal work meeting, basically limited to member companies.
Affected by the epidemic's restrictions on going out, nine member companies were absent due to leave. The Secretary-General, Bianjiang, made a work report to the member companies for the past year. The report mentioned that in the early stages of the severe epidemic, precious metals industry enterprises made significant contributions to fighting the epidemic. Most enterprises involved in the manufacture of new materials resumed work and production ahead of schedule, even working overtime to produce urgently needed materials for epidemic prevention and control, such as antiviral drug manufacturing catalysts, petrochemical catalysts for manufacturing melt-blown fabrics, and high-precision temperature-measuring optical lenses and components, supplying the national market. At the same time, when the global epidemic broke out completely, the financial market experienced a panic sell-off, and precious metals were no exception. Two dam-breaking plunges caused metal prices to fall by more than half. Because both price plunges occurred at night and were short-lived, precious metal recycling, refining, and trading companies suffered heavy losses. In response, Secretary-General Bianjiang discussed price risk control measures with the representatives attending the meeting, including financial measures and national metal reserves.
Under the severe global epidemic, countries closed their ports, causing a serious lack of sources for platinum group metals, which heavily rely on imports. To ensure production, short-term reliance on inventory consumption or borrowing, the secondary use of precious metals plays an important role. The meeting believes that to ensure the supply of precious metal resources in China, it calls on relevant national ministries and commissions to attach importance to the precious metal recycling industry and provide support in some regulations, including classification and grading management in the dangerous waste management method, financial and tax support, etc.
The report mentioned that the Precious Metals Industry Committee of the China Resource Recycling Association is working with relevant enterprises to build a full industrial chain of precious metal recycling, refining, trade, application, finance, technology, and services. This work has been brewing for three years and is now being promoted according to the plan, with plans to be implemented within two years. The full industrial chain of the precious metals industry will restructure the precious metals industry pattern, further enhance industry concentration, make resource supply, demand, and distribution more reasonable, reduce enterprise risks, increase profits, control environmental risks, and promote the scaled and internationalized development of China's precious metals industry.
The meeting voted to approve the membership applications of five member companies: Shaanxi Sanyi Youyan Materials Technology Co., Ltd., Xi'an Taijin Industrial Electrochemical Technology Co., Ltd., Wuxi Weifu Environmental Catalyst Co., Ltd., China Chengtong Precious Metals Co., Ltd., and Jiangsu Beikuang Metal Recycling Technology Co., Ltd.
Dr. Liu Guoliang, from the National Center for Solid Waste Management of the Ministry of Ecology and Environment, introduced to the representatives the revision of the new Solid Waste Law regarding hazardous waste containing precious metals, the main problems and management ideas and suggestions for the current management of hazardous waste containing precious metals, and answered some questions from enterprises about environmental management systems in production and operation on the spot.
Ruan Jiuli, a senior engineer at the Chinese Academy of Environmental Sciences, introduced the basic framework of the "Technical Specifications for Pollution Control in the Utilization and Disposal of Waste Catalysts Containing Precious Metals," which is currently under development. This standard, which is under the auspices of the Ministry of Ecology and Environment, and jointly compiled by the Ministry's Solid Waste Management Center, the Chinese Academy of Environmental Sciences, the Precious Metals Industry Committee of the China Resource Recycling Association, and East China University of Science and Technology, will define the pollution control process in various stages from collection to refining of waste catalysts containing precious metals, including the attributes of smelting slag and the definition of by-products that enterprises are particularly concerned about.
Xing Xiaozhong, Deputy General Manager of Jinchuan Group Copper Industry Company, introduced the production situation of the second phase of Jinchuan Copper Industry's precious metals plant to the meeting representatives. The output of platinum group metals will increase from three tons per year to 7-10 tons, and introduced the new organizational structure and functions.
The meeting discussed the impact of Sino-US relations on the precious metals industry and called on enterprises to be prepared for the long-term response to the adverse situation; it also discussed the main difficulties and solutions facing the industry, the estimation of the impact of supply and demand on metal price trends, and the necessity and feasibility of promoting platinum and palladium futures.
Key words:
Related Content
Service Hotline:+86-17695938506
E-mail：info@cpmic.org
Address: B329, Block B, Longyuan Cultural and Creative Building,
Sihui East, Chaoyang District, Beijing
Thank Jinchuan Group, Northam Platinum, Anglo American, and other image contributors for their significant support in the construction of the website.