SHANGHAI Henan Yuguang
Gold & Lead Co. Ltd., Chinas largest lead smelter,
plans to boost its lead capacity by 75 percent and zinc
capacity by 67 percent by 2015.
The smelter hopes to raise up to
400 million yuan ($64.25 million) in funding through a one-year
bill issuance, which it will use to increase working capital
and pay off bank loans.
The company will strive to increase its lead capacity to
700,000 tonnes per year by 2015 from 400,000 tonnes currently
and its zinc capacity to 500,000 tonnes from 300,000
A version of this article was first
published by AMM sister publication Metal