Lomon Billions' Purchases Boost Involvement in Titanium Metal & Zirconium Chemicals

摘要

The vendor was China National Nuclear Corp. (CNNC) and the purchase price was Rmb 873 million (equivalent to about $US 125 million). Lomon Billions is now the largest shareholder in Orient Zirconic. Orient Zirconic produces a variety of zirconium chemicals, including zirconia, at its manufacturing site in the Chenghai district of Shantou, a city in southeastern Guangdong in the Han River Delta region. Orient Zirconic also has a captive mineral sands mine.