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Zhongwei New Materials: Company's Phosphate Mine Resource Annual Mining Volume Planned at 2.8 Million Tons
Securities Star News, Zhongwei New Materials (300919) responded to investor questions on the investor relations platform on March 21.
Investor: The company’s stock price has been fluctuating constantly. Based on the reply from the Secretary of the Board, the company has nearly 100 million tons of phosphate ore resources. Currently, the prices of calcium hydrogen phosphate and phosphate fertilizers are very good. Is there any consideration to quickly produce related products to realize gains at high prices?
Zhongwei New Materials Secretary of the Board: Dear investor, hello! The company has always maintained its position as a materials science company. Based on industry development needs and supply chain security, we are building an integrated and ecological upstream and downstream system. The company’s phosphate ore resources are planned to be mined at 2.8 million tons annually, and project construction officially started at the end of 2025. Thank you for your attention to the company!
The above content is compiled from publicly available information by Securities Star, generated by AI algorithm (Wangxin Calculation Backup 310104345710301240019), and does not constitute investment advice.