Brief: China Daye Non-Ferrous Metals Mining FY Revenue Decreased By 10.42%

China Daye Non-Ferrous Metals Mining

31/03/2021 13:12

March 31 (Reuters) - China Daye Non-Ferrous Metals Mining
Ltd  0661.HK :
    * FY REVENUE DECREASED BY 10.42% TO RMB29.39 BILLION
    * PROFIT FOR YEAR ATTRIBUTABLE RMB306.4 MILLION VERSUS
RMB146.7
MILLION
    * SEES PRODUCTION VOLUME TARGETS OF 6.8 TONNES OF GOLD FOR
2021
    * PRODUCTION VOLUME TARGETS OF GROUP FOR 2021 INCLUDE
510,000
TONNES OF COPPER CATHODE
    * SEES PRODUCTION VOLUME TARGETS OF 16 KG OF PLATINUM & 210
KG OF
PALLADIUM IN 2021
    * PRODUCTION VOLUME TARGETS OF CO FOR 2021 INCLUDE PRODUCING
480
TONNES OF NICKEL SULFATE (CONTAINING METAL)
    * PRODUCTION VOLUME TARGETS FOR 2021 ARE 3,000 TONNES OF
COPPER
SULFATE, 72 TONNES OF MOLYBDENUM CONCENTRATE
    * PRODUCTION VOLUME TARGETS OF GROUP FOR 2021 INCLUDE 160
TONNES
OF CRUDE SELENIUM, 35 TONNES OF TELLURIUM
    * GAP BETWEEN SUPPLY AND DEMAND OF COPPER RAW MATERIALS HAS
FURTHER WIDENED
    * SEES 2021 MINED COPPERS PRODUCTION VOLUME OF 28,000 TONNES
    * SEES 2021 SILVER PRODUCTION VOLUME OF 750 TONNES
    * SEES 2021 PRODUCTION VOLUME OF SULPHURIC ACID OF OVER 1
MLN
TONNES; IRON CONCENTRATE OF 230,000 TONNES
    * INTEND TO ACCELERATE CONSTRUCTION OF PROJECTS ESPECIALLY
400,000-TONNES PROJECT
    * TO TIGHTEN INVESTMENT COST CONTROL DURING BIDDING,
CONSTRUCTION
& COMPLETION INSPECTION OF 400,000-TONNES PROJECT

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