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Guosen: The apparent Consumer of phosphate rock in December reached a new high, and the price continues to run at a high level.
As of December 31, 2024, the tax-inclusive price of 30% grade phosphate rock in the Hubei market is 1,040 yuan/ton, an increase of 0.97% year-on-year, with no change compared to the previous month. The market price of 30% grade phosphate rock has been running in the High Stock Price Range of 900 yuan/ton for over 2 years.
Express News | Hubei Xingfa Chemicals Group signed a strategic cooperation agreement with Xiling Chengfa Group.
Hubei Xingfa Chemicals Group (600141.SH) plans to invest 1.495 billion yuan in a new industrial silicon project to enhance the supply capacity of silicone raw materials.
Hubei Xingfa Chemicals Group (600141.SH) announced that the company will hold the 11th Board of Directors meeting on December 30, 2024...
Express News | Hubei Xingfa Chemicals Group: A wholly-owned subsidiary plans to invest 1.495 billion yuan to construct a 0.1 million tons/year industrial silicon project.
hubei xingfa chemicals group (600141.SH): The company has now built a 100-kilogram grade black phosphorus amplification test device.
Hubei Xingfa Chemicals Group (600141.SH) stated at the performance briefing on November 4 that the company has completed the construction of a 100-kilogram black phosphorus amplification test unit and has the capacity to produce 100 kilograms in a single batch. The black phosphorus series products have been supplied to enterprises and research institutes in the fields of lithium battery anode materials, catalysts, etc. Sales revenue exceeded 200,000 yuan in 2023 and is expected to reach 0.4 million yuan in 2024. In the future, the company will continue to focus on reducing the production cost of black phosphorus, improving product quality, strengthening cooperation with relevant parties, and jointly accelerating the commercialization process of black phosphorus.
hubei xingfa chemicals group (600141.SH): Currently, the company has no plans for significant capital expenditures in the field of lithium battery materials.
Hubei Xingfa Chemicals Group (600141.SH) stated at the performance briefing on November 4th that since 2024, benefiting from stable product quality and positive progress in market development, the company's phosphorus iron operating rate has continued to increase, market prices are leading in the industry, and the reduction of losses and increase in efficiency of products are quite significant. In the short term, the phosphorus iron industry faces fierce market competition, and the situation of temporary oversupply is unlikely to undergo fundamental changes. In the future, the company will continue to enhance the quality of phosphorus iron products and expand its customer base, continuously strengthening the market competitiveness of its products. Currently, the company has no plans for significant capital expenditures in the lithium battery materials sector.