Zibo Lincem New Materials Co., Ltd., established in 2018, is a raw material preparation company co-founded by international partners from China, Hong Kong and Germany. Our primary focus lies in the processing of magnesium oxide minerals, leading to caustic and dead burnt magnesia, as well as to the production of high-quality refractory final products. In addition to our magnesia business, we extend our expertise to alumina raw materials. Within this domain, our key products for international trade include flint clay and bauxite.
In the early stages of our establishment, we were honored to secure investments from both the government and international enterprises, resulting in a registered capital of RMB 640 million. We have established long-term partnerships with reliable associates in the Haicheng area of central Liaoning Province, guaranteeing us stable access to an excellent magnesite mine. Additionally, in Shanxi Province, we have secured partnerships that provide us with first-class bauxite raw materials.
We have established a new factory in Boshan District, Zibo City, Shandong Province, People’s Republic of China, within a new industrial park. This plant, equipped with two shaft kilns, sinters caustic magnesia into dead burnt magnesia at high temperatures. The caustic magnesia is produced by our Limag factory situated close to the magnesite mine. Anticipating optimal efficiency, we estimate that the total annual capacity of Lincem can reach an impressive 60,000 to 65,000 tons of dead burnt magnesia. Our refractory raw materials are distributed to customers across the world.
Furthermore, we collaborate with several specialized production companies in the refractory industry across Europe and Asia. They provide us with premium-grade, specially finished refractory products that find applications in various industries. This strategic partnership ensures Lincem has a comprehensive product portfolio for steel, non-ferrous metal and cement. Our commitment to quality and reliability has earned us recognition from customers as a trustworthy supplier of both high-quality raw materials and finished products