Western Mining(SH:601168)2024-06-03 07:37Production Plans - The company plans to produce 51,777 tons of lead concentrate, 158,715 tons of copper concentrate, 3,995 tons of molybdenum concentrate, and 1,426,882 tons of iron concentrate in 2024 [1] - The planned production of zinc ingots is 125,000 tons and electric lead is 35,558 tons [1] - The total planned production of gold concentrate is 128.10 tons [1] Strategic Development - The company aims to strengthen its mining operations, refine its smelting industry, and optimize salt lake resources as part of its development strategy [2] - The processing capacity of Yulong Copper Industry has been increased to 22.8 million tons per year, contributing to national copper resource supply [2] - The company is advancing multiple projects, including the expansion of the Shuangli No. 2 Iron Mine and the upgrade of energy-saving and environmental protection measures [2] Future Expansion - The Yulong Copper Mine's third phase project is expected to reach a processing scale of 30 million tons per year upon completion [2] - The company plans to increase the processing capacity of its lead-zinc ore from 900,000 tons per year to 1.5 million tons per year [2] - The lithium resource company has a production line with a capacity of 20,000 tons per year for lithium carbonate [3] Financial Performance - The lithium resource company has generated a total dividend of 945 million yuan, showcasing significant cost advantages compared to peers [3] - The company produced 131,000 tons of copper concentrate in 2023, with a planned increase to 158,700 tons in 2024 [3]