OrientZirconic(SZ:002167)2022-12-08 02:18Company 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][2][3]. - 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 [3][11]. Product Applications - Zircon products are utilized in various fields, including nuclear energy, special ceramics, artificial gemstones, ceramic glazes, and advanced refractory materials [3][4]. - The company’s products include zircon sand, zirconium silicate, chlorinated zirconium, fused zirconium, zircon dioxide, composite zirconia, and zirconium ceramic structural components [11][12]. 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 chlorinated zirconium: 35,000 tons/year (including projects under construction) - Zircon dioxide: 7,000 tons/year - Fused zirconium: 3,000 tons/year - Composite zirconia: 5,000 tons/year (including projects under construction) - Industrial-grade sponge zircon: 450 tons/year - Nuclear-grade sponge zircon: 1,150 tons/year (including projects under construction) [5][6]. Strategic Developments - The company has established 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]. - The nuclear power sector is anticipated to experience significant growth, with the company positioned to benefit from the increasing demand for nuclear-grade zirconium [8][9]. Market Trends - The zircon industry is undergoing consolidation, with a shift towards high-end products in both consumer and high-tech markets, which are characterized by high entry barriers and stable growth [14]. - The company aims to enhance its market presence by focusing on the nuclear power development trends and expanding its international footprint [15]. Research and Development - The company 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 oxide and the preparation of nuclear-grade sponge zircon [12][13]. - The company’s R&D capabilities are considered a key competitive advantage, enabling it to maintain advanced technology levels in the zircon industry [13]. Future Outlook - The company plans to increase its production capacity for nuclear-grade sponge zircon and expand its market share in international markets, particularly in Europe and North America [15]. - The strategic focus will also include resource reserves and overseas investments to ensure a stable supply of raw materials and enhance economic returns [14][15].