Western Region Gold Co.,Ltd. (601069.SH) Subsidiary Hongfa Ferroalloy Halts Production Equipment for Maintenance

Stock News09-11

Western Region Gold Co.,Ltd. (601069.SH) announced that its wholly-owned subsidiary Xinjiang Hongfa Ferroalloy Co., Ltd. (referred to as "Hongfa Ferroalloy") operates 4 units of 12,500KVA semi-closed submerged arc furnaces. Using mixed manganese ore, coke, silica, electrode paste, and other materials as raw materials, the facility has an annual production capacity of 80,000 tons of manganese-silicon alloy.

The company's existing electric furnaces have been operating for an extended period, resulting in severe oxidation and structural damage across various components, along with equipment aging that has led to reduced operational efficiency. In light of these circumstances, following company deliberation and in accordance with the annual production and operational schedule, the company has agreed to proceed with furnace shutdown for maintenance once existing raw material inventory is consumed.

The maintenance period is anticipated to extend until the end of this year, with future production resumption decisions to be determined based on actual maintenance conditions. The timeline for Hongfa Ferroalloy's production resumption remains uncertain, and the impact on the company cannot be precisely estimated at this time.

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The timeline for Hongfa Ferroalloy's production resumption remains uncertain, and the impact on the company cannot be precisely estimated at this time.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0242","symbol_name":"有色金属","start_time":0,"source_url":"","article_id":"1111306823","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1111306823","pubTimestamp":1757576812,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Western Region Gold Co.,Ltd. (601069.SH) announced that its wholly-owned subsidiary Xinjiang Hongfa Ferroalloy Co., Ltd. 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