Asset Report

Zhejiang Huaguang - closed nickel operation

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The Zhejiang Huaguang Smelting Group was established in 2005. Huaguang operated a single blast furnace in 2005 in Zhejiang province. With the growth in demand for nickel pig-iron, Huaguang leased a number of blast furnaces (<=300m3 in volume) in 2006. huaguang is responsible for supplying ore and the sale of the pig-iron product. the company now has four production bases in zhejiang, shandong, jiangsu and shanxi provinces. two of three blast furnaces were forced to close in h1 2010 due...>

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