Posts tagged ‘Sinosteel Maanshan Mining Research Institute Co.’

Sinosteel Maanshan Mining Research Institute Co., Ltd. updated the review status of listing application on December 19, and the company’s IPO application has been accepted.

Tongbi Finance and Economics learned that the company’s predecessor, “Research Institute of Ferrous Metallurgical Mines of the Ministry of Metallurgical Industry”, was founded in 1963 and was a key scientific research institute directly under the former Ministry of Metallurgical Industry. The company has long been engaged in professional services for comprehensive utilization of mineral resources, providing customers with technical services and technical engineering services in mining, mineral processing, rock and soil, mine safety and environmental protection, etc; At the same time, the company pays attention to the technical research and development of new materials such as hollow glass beads, new mining curing materials, carbon aerogel, spherical weighting materials, and realizes the industrial mass production of hollow glass beads.

The State Council and various ministries and commissions have successively issued a series of policies, including the “cornerstone plan”, committed to ensuring the supply security of national strategic mineral resources. With the support of the above national strategies and industrial policies, the industry of comprehensive utilization of mineral resources has broad development space. With the progress of product technology and application technology, hollow glass beads are more widely used in more downstream industries, and the application field will be further expanded in the future. For example, in the field of new energy vehicles, hollow glass beads are used as filling materials to reduce the density and weight of adhesives and interior and exterior trims, achieve lightweight vehicles, improve the physical and chemical properties of adhesives and interior and exterior trims, and improve production efficiency. With the increasing demand of new energy vehicles for lightweight and improving production efficiency, hollow glass bead products are expected to be more widely used in the future. In addition, with the continuous emergence of emerging industries and the continuous development of traditional industries, hollow glass bead products will expand more application fields.

In recent years, the development and utilization intensity of China’s mineral resources has rapidly improved, mining and dressing technology and equipment have made continuous progress, and the comprehensive utilization level has greatly improved. In addition, at present, entrepreneurs all over the country are very optimistic about the development prospects of the sand and gravel industry and the business opportunities for the development and utilization of mineral resources, and have invested in the construction of large and medium-sized sand and gravel production bases. At the same time, major state-owned enterprises and domestic large cement enterprise groups have begun to set foot in and layout the sand and gravel aggregate industry according to the industry development trend. Their involvement has injected new development impetus into the development of the sand and gravel industry and become a new force to promote the high-quality and high-level development of the sand and gravel industry.