Daye Nonferrous Metals Co., Ltd.

The 300,000-ton bright copper rod project of Hubei Daye Non-Ferrous Metals Co., Ltd. (referred to as "Daye Non-Ferrous") has officially started operations with a successful ignition. This marks a significant milestone in the company's development and represents its first major deep-processing project in the copper industry that it has invested in independently. This project leverages the company’s high-quality cathode copper raw materials to produce low-oxygen, bright copper rods that meet the growing demand from the high-end wire and cable market. By launching this initiative, Daye Non-Ferrous has taken a crucial step closer to its goal of reaching a total revenue of 10 billion yuan. The completion of the project also reflects the company’s ongoing efforts to optimize its industrial structure, upgrade its technical equipment, and build a more complete and scientifically efficient supply chain. Located within the Gold Mountain Industrial Park of Daye Non-Ferrous, the project spans approximately 166.7 acres and has seen a total investment of 1.45 billion yuan. Once fully operational, the facility is expected to produce 300,000 tons of low-oxygen bright copper rods annually, generating an output value of 18 billion yuan and contributing 200 million yuan in annual profits and taxes. Additionally, the project is anticipated to create over 155 new job opportunities, further supporting local economic growth and development. With this new production line, Daye Non-Ferrous is strengthening its position in the global copper market and reinforcing its long-term strategy for sustainable and high-quality growth.

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