Xiamen Tungsten Co., Ltd(XTC)was founded in December of 1997 by seven share holders, the major shareholders of which are the Fujian Metallurgic Co., Ltd(Holding), the Minmetals Development Co., LTD and the A.L.M.T.Corp (Japan). XTC has presently over 3000 employees, 10 subsidiary companies,a total asset of more than 2 billion RMB and a net asset of 1.7 billon RMB. Since November 7,2002, the Xiamen Tungsten Co., Ltd has become a listed company in Shanghai Stock Exchange with the stick name ¡°Xiamen Tungsten¡± and the stock code of 600549. |
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The business of XTC covers many industrial segments, including the tungsten industry, the molybdenum industry, the cobalt industry, the hydrogen storage alloys and the real estate. XTC is producing various downstream products from the metals processed from mines by her subsidiary companies. Presently XTC has a capacity of 12,000 tons of |