The analysis of relevant agencies believes that the lead battery market is in the traditional consumption peak season, and the orders of major enterprises have increased steadily. It is expected that the short-term supply and demand market of the lead market will pick up, and the price will form a certain support. This has brought strong growth momentum to related enterprises engaged in zinc, lead and other non-ferrous metal mining business, among which Guocheng Mining (18.02 +2.33%, medical stock) is quite representative.

Data show that metal lead is a kind of low melting point, high corrosion resistance, good plasticity, X-ray and gamma rays are not easy to penetrate the advantages of heavy non-ferrous metal materials, is widely used in chemical industry, cable, battery, Marine manufacturing and radioactive protection industries.

It is worth noting that lead has a high recovery rate among all basic metals. 87% of lead is used in lead batteries worldwide, which are easy to be recycled, and the cost to produce recycled lead from recycled lead batteries is lower than that of primary lead. Globally, the output of recycled lead accounts for 63% of the output of refined lead. The rising cost of recycled lead will support the price of lead.

At present, the double carbon target has boosted the demand for renewable resources, and renewable non-ferrous metals have helped energy conservation and emission reduction. Under the background of strong support from the national level, the market scale of lead battery has shown a stable growth trend. As a mining company with abundant upstream resources, how to seize the development opportunity period and give full play to its own advantages has become the main subject of the company.

It is understood that the Shandong mine, the main mine of Gucheng Mining, is located in Bayannur, Inner Mongolia. This area has rich resources, and the output of lead and zinc concentrate from a single mine ranks among the top in China. According to the latest statistics, as of December 31, 2021, Guocheng Mining has a total of 29,439,900 tons of reserves, including 1,202,796.44 tons of lead metal and 3,377,158.45 tons of zinc metal.

The relevant person in charge of Guocheng Mining said that Guocheng Mining always takes green mining as the purpose, and adopts the ecological civilization concept of green development and circular development to continuously save energy and reduce emission, reduce cost and increase efficiency, actively play the advantages of enterprises in the industry and economic development, assume social responsibilities, and strive to promote the progress of the industry and repay the society. It is steadily moving towards the vision of "building Guocheng Mining into a leading domestic and internationally renowned intelligent, digital and green mining enterprise".