On February 24, Ximei Resources (Guangdong) Limited held the groundbreaking ceremony for the "600 tons of high-purity and high-performance tantalum-niobium metal new material project" in Yingde . Ximei Resources (Guangdong) Limited is the operating entity of Ximei Resources Holding Limited (9936.HK) in Mainland China.
Xiao Yongke, Deputy Secretary of the Municipal Party Committee and Mayor of Yingde City; Wu Lijue, President of Ximei Resources Holding Limited; Qian Jinqin, Member of the Standing Committee of Yingde Municipal Party Committee and Executive Deputy Mayor; Zhong Yuelian ,Vice President of Ximei Resources Holding Limited; Wu Guotian, Director of the Management Committee of Yingde High-tech Zone, and other leaders of relevant departments in Yingde City attended the groundbreaking ceremony.
Tantalum and niobium are the basic metals of microelectronic materials and also national strategic metals. They are widely used in electronics, military industry, aerospace, superconductivity, optics, medical and other fields. With the vigorous development of 5G, new energy vehicles, high-end electronic equipment, aerospace and other industries, high-purity and high-performance tantalum and niobium metals will usher in good development opportunities. It is based on this background that Ximei Resources invested in the construction of "600 tons of high-purity and high-performance tantalum-niobium metal new material project". This project is an important measure for the extension of Ximei Resources' industrial chain, upgrading and optimization of product structure, and business diversification. This project is also an important part of realizing the corporate vision of "to be a global leader in tantalum and niobium industry". It is a high-quality project that meets the national encouragement policy and the high-quality development requirements of Yingde City.
Wu Lijue, President of Ximei Resources Limited, said that the start of the construction of the "600 tons of high-purity and high-performance tantalum-niobium metal new material project" indicates that Ximei Resources has entered a new stage of leapfrog development. He hopes all Ximei people firmly grasp the opportunities of the times, work hard and take responsibility, and make every effort to promote the construction and operation of the project. Ximei Resources focuses on the tantalum and niobium industry. We have the courage to explore and forge ahead. In the future, we will use more excellent results to return the support and trust of shareholders, employees and all sectors of society.
Ximei Resources (Guangdong) Limited takes "developing strategic metals and creating green metallurgy" as its development goal. The construction investment of the project exceeds 300 million yuan. After completion, the annual output of high-purity and high-performance tantalum and niobium metal will reach 600 tons, with an annual output value of 700 million yuan, and an annual tax contribution of over 30 million yuan.