Metals & Mining

Mon, 06/01/2009 - 12:26

Haolong Group still expanding despite weak lead and zinc market

by Li Chunlan

Shaky zinc prices and a poor market outlook have not hampered Yunnan Haolong Industrial Group Co. Ltd.'s expansion plans, Suo Fang, the company's vice general manager tells Interfax.

We are expecting China's refined zinc demand to recover alongside the economy.
Suo Fang, vice general manager of Yunnan Haolong Industrial Group Co. Ltd.

Shanghai. June 1. INTERFAX-CHINA - The global financial crisis has forced many Chinese lead and zinc miners to shut down operations, and more than 60 percent of domestic facilities remained idle in March. Few have since been robust enough to consider their expansion strategy.

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