Asian Metal visits Mengdong Germanium and Tongli Germanium

On July 19th, Bruce Zhang, General Manager of Minor Metals Department of Asian Metal and Cassie Cao, germanium market analyst visited Xilingol Mengdong Germanium Technology Co., Ltd. as well as Xilingol Tongli Germanium Co., Ltd., and were welcomed by the leaders of the companies.

On the morning of July 19th, Asian Metal visited Xilingol Mengdong Germanium Technology Co., Ltd. and were warmly welcomed by Wang Zhigang, Vice General Manager of the company as well as Zhang Yujiu, Minister of Supply and Marketing Department. Mr. Wang revealed that the company is still in pilot run for the time being with an annual production capacity of 30t of germanium metal which is contained in all of their germanium products. According to Mr. Wang, some germanium dioxide will be outputted as planed at the beginning of August. Mr. Wang also guided Asian Metal to visit their germanium museum and plants. Referring to the germanium market, Mr. Wang disclosed that the germanium industry can develop healthily continuously only if supply and demand is in a balance. Their company will adjust the output according to the market.

On the afternoon of July 19th, Asian Metal visited Xilingol Tongli Germanium Co., Ltd. and talked the current germanium market with Sun Yucai, General Manager of the company as well as Ma Jianguo, Vice General Manager. Mr. Sun revealed that on the one hand, their stock is in low level which leads to tight supply in the spot market and their production cost is very firm; on the other hand, buyers in the domestic and overseas markets who used to consume their stocks in the past months begin to come back to the markets to replenish stocks gradually currently. He thought prices of germanium will have potential to go up in the coming months. The company has an annual output of about 13t of germanium metal.