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05 2017
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Shenghe Resources: sales revenue for zircon sand and ilmenite exceeded 1.1 billion yuan

Apr.20 2018      Source:ruidow

Keywords:shenghe resources

In the 2017 annual report released by Shenghe Resources the company’s sales revenue was 5.2 billion yuan, skyrocketing 279.5% y-o-y,. Zircon sands accounted for 746 million yuan, ilmenite 159million yuan, rutile 72 million yuan and monazite 129 million yuan.

Zircon sands in 2017 has been in short supply, resulting in sands stock of Wensheng New Material, the subsidiary of Shenghe Resources, almost fell to zero by year end, a further indication of tight supply of zircon sands last year.

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