OrientZirconic(SZ:002167)2022-12-08 02:10Company Overview - Guangdong Dongfang Zirconium Industry Co., Ltd. is the only controlled subsidiary of China National Nuclear Corporation, specializing in the research, production, and operation of zirconium and zirconium series products [1][11]. - The company is recognized as a key high-tech enterprise in China, with a comprehensive product range that includes over 90 varieties of zircon products [11]. Market Position and Competitiveness - Dongfang Zirconium is a leading manufacturer in the zircon industry, known for its core competitiveness and comprehensive strength, with a complete product line that includes zircon sand, zirconium silicate, and zirconium oxide [3][11]. - The company has established a diversified customer management system to focus on long-term strategic partnerships, ensuring stable operational development [3]. Production Capacity - The production capacities for key products are as follows: - Zircon sand: 120,000 tons/year - Zirconium silicate: 18,000 tons/year - High-purity zirconium oxychloride: 35,000 tons/year (including projects under construction) - Zirconium dioxide: 7,000 tons/year - Fused zirconia: 3,000 tons/year - Composite zirconia: 5,000 tons/year (including projects under construction) - Industrial-grade sponge zirconium: 450 tons/year - Nuclear-grade sponge zirconium: 1,150 tons/year (including projects under construction) [5][6]. Strategic Developments - The company has initiated a project for the recovery of scandium from zirconium oxychloride mother liquor, which began production on December 19, 2014, with an expected annual output of 2,500 kg of high-purity scandium oxide and 20 tons of mixed rare earth oxides [6]. - Dongfang Zirconium has entered into a strategic cooperation with Image to develop mineral sand projects in the North Perth Basin, which is expected to yield significant production over the next decade [7]. Nuclear Industry Engagement - The company is positioned to benefit from the revival of nuclear power in China, with a focus on producing nuclear-grade zirconium, which is essential for nuclear fuel elements [8][9]. - The demand for nuclear-grade sponge zirconium is projected to reach 1,215 tons in 2014 and 1,595 tons in 2015, with expectations to grow to 2,485 tons by 2020 [8]. Research and Development - Dongfang Zirconium emphasizes technological innovation, holding 17 patents, including 9 invention patents, and has made significant progress in projects related to the extraction and utilization of scandium [12][13]. - The company has developed advanced production techniques for high-purity zirconium products, ensuring alignment with international standards [12][13]. Future Outlook - The company plans to enhance its brand recognition in the nuclear-grade sponge zirconium market and gradually expand its international presence [15]. - Dongfang Zirconium aims to leverage its extensive resources in Australia to secure long-term supply chains for zirconium raw materials, contributing to its economic growth and operational efficiency [14][15].