Saiens: Intend to carry out molybdenum processing and sales business to comprehensively recover rhenium through molybdenum processing.

Sains announcement, the company plans to expand into new business by processing molybdenum concentrate using processing lines, and simultaneously investing in rhenium comprehensive recovery equipment to effectively recover the rhenium resources generated during the processing process. Currently, the company has reached a consensus with its partner on the cooperation matters of this business. The partner will be fully responsible for the production management of the molybdenum concentrate processing process, while the company will be responsible for supervising the processing production process and matters related to the investment and operation of the rhenium comprehensive recovery equipment.