• ¥

    Electrolytic Cobalt

    23.40

  • ¥

    Electrolytic Nickel

    12.10

  • ¥

    Electrolytic Copper

    7.87

2024-05-31

LUILU Resources Promotes High-Quality Development through Technological Innovation

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On the morning of April 20, the company held the groundbreaking ceremony for the High Acid Consumption Ore Treatment Project and Tailings Flotation Project at its holding enterprise, LUILU Resources, in the Democratic Republic of Congo (DRC). The ceremony was attended by LUILU Resources' General Manager, Yin Xuanwen, along with other management members, department heads, and representatives from the construction units.

The High Acid Consumption Ore Treatment Project will reduce the raw material costs for copper and cobalt, while the Tailings Flotation Project will increase the utilization rate of the company’s own tailings, improving the overall economic benefits. The newly added flotation system will process 4,000 tons of tailings per day, recovering 10,000 tons of copper concentrate and over 5,000 tons of acid-soluble copper annually.

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LUILU Resources consistently upholds the core values of Jinyuan Sheng Group, which are "Efficiency" and "Sharing." The company places great importance on technological innovation, driving efficiency, creating value through innovation, promoting collaboration, and striving for excellence. Through these efforts, the company aims to inspire its development momentum, grow alongside its employees, and develop with its suppliers, customers, and other stakeholders. The company is determined to work closely with the construction units, meticulously planning and dividing tasks during the stages of project design, tendering, and equipment ordering, ensuring swift action. The completion of these projects will also create local employment opportunities, fostering a win-win collaboration with nearby communities and residents.

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