华锡有色战略落子：5.23 亿元锁定佛子矿业 100% 股权

基础金属	铜电解铜铜精矿铜管铜棒废铜铜排铜合金精铜杆再生铜杆铜板带铝铝土矿氧化铝电解铝铝辅料铝棒铝合金锭废铝铝杆铝型材铝板卷铅铅精矿铅锭铅蓄电池再生精铅还原铅废铅蓄电池铅合金锌锌精矿电解锌锌合金氧化锌锌粉锡锡精矿锡锭锡材镁
稀有金属	稀土稀土矿稀土氧化物稀土金属钕铁硼稀散金属锑铋铟锗镓硒钽锆贵金属白银钨钨精矿 APT(仲钨酸铵)钨粉碳化钨钨酸钠钨条钨铁钨材钼钼精矿工业氧化钼钼铁钼化工高纯三氧化钼钼金属钛钛精矿钛渣四氯化钛海绵钛钛金属钛白粉硒
新能源	锂锂矿锂化合物金属锂镍镍矿镍铁精炼镍镍盐高冰镍 MHP 钴电解钴钴粉氯化钴四氧化三钴硫酸钴钴中间品氧化钴碳酸钴钴酸锂锰锰矿电解锰电池级硫酸锰锂电正负极三元前驱体磷酸铁正极材料石油焦针状焦包覆沥青人造石墨硅碳负极硅氧负极硅

基础金属

铜电解铜铜精矿铜管铜棒废铜铜排铜合金精铜杆再生铜杆铜板带铝铝土矿氧化铝电解铝铝辅料铝棒铝合金锭废铝铝杆铝型材铝板卷铅铅精矿铅锭铅蓄电池再生精铅还原铅废铅蓄电池铅合金锌锌精矿电解锌锌合金氧化锌锌粉锡锡精矿锡锭锡材镁

稀有金属

稀土稀土矿稀土氧化物稀土金属钕铁硼 稀散金属锑铋铟锗镓硒钽锆 贵金属白银钨钨精矿 APT(仲钨酸铵)钨粉碳化钨钨酸钠钨条钨铁钨材钼钼精矿工业氧化钼钼铁钼化工高纯三氧化钼钼金属钛钛精矿钛渣四氯化钛海绵钛钛金属钛白粉硒

新能源

锂锂矿锂化合物金属锂镍镍矿镍铁精炼镍镍盐高冰镍 MHP 钴电解钴钴粉氯化钴四氧化三钴硫酸钴钴中间品氧化钴碳酸钴钴酸锂锰锰矿电解锰电池级硫酸锰 锂电正负极三元前驱体磷酸铁正极材料石油焦针状焦包覆沥青人造石墨硅碳负极硅氧负极硅

华锡有色战略落子：5.23 亿元锁定佛子矿业 100% 股权

2025-01-15 10:43:15 来源：北方有色网责任编辑：管理员

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收购背景与原因

兑现承诺：2023 年初华锡有色完成重组华锡矿业时，华锡集团承诺三年内将佛子矿业注入上市公司，以解决同业竞争、减少关联交易。

战略发展：符合华锡有色长期战略发展规划，有助于其聚焦主业，提升价值创造能力和核心竞争力，助推广西有色金属产业高质量发展。

佛子矿业情况

基本信息：成立于 1989 年 6 月，注册资本 8000 万元，位于广西壮族自治区岑溪市内，包括古益矿区和河三矿区两个矿区，矿床中主要含锌、铅、铜、银。

资源储量：截至 2021 年 12 月 31 日，佛子冲铅锌矿床保有矿体资源量 677.5 万吨，铅金属量 19.53 万吨、锌金属量 24.5 万吨以及伴生矿产铜金属量 1.49 万吨、银金属量 174 吨。2024 年初新增资源储量 611 万吨。

经营业绩：2022 年、2023 年，实现的营业收入分别约为 2.78 亿元、3.13 亿元，净利润为 2785.52 万元、3805.62 万元。交易对方承诺 2024-2026 年佛子矿业实现的净利润分别为 3621 万元、3935 万元和 4248 万元。

收购影响

产能提升：华锡有色交易前控制和经营河池南丹县铜坑、高峰两座矿山，高峰矿采选能力 33 万吨 / 年、铜坑矿采选能力 160 万吨 / 年，佛子矿业采选能力为 45 万吨 / 年，收购后华锡有色的矿山采选规模进一步扩大。

产品丰富：华锡有色此前主要产品为锡精矿、锌精矿、铅锑精矿，收购佛子矿业后，进一步丰富了金属产品种类。

业绩增长：佛子矿业本身具有一定的盈利能力，随着其纳入合并报表范围，有望推动华锡有色业绩进一步增长，预计华锡有色 2024 年至 2026 年的归母净利分别为 5.96 亿元、7.93 亿元和 10.70 亿元。

市场反应

从市场预期来看，此次收购被市场普遍认为是华锡有色的一个积极举措。中信建投等机构鉴于公司在锡、锑及铅锌行业的领先地位和较高的成长性，给予华锡有色 “买入” 评级

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华锡有色战略落子：5.23 亿元锁定佛子矿业 100% 股权

收购背景与原因

兑现承诺：2023 年初华锡有色完成重组华锡矿业时，华锡集团承诺三年内将佛子矿业注入上市公司，以解决同业竞争、减少关联交易。

战略发展：符合华锡有色长期战略发展规划，有助于其聚焦主业，提升价值创造能力和核心竞争力，助推广西有色金属产业高质量发展。

佛子矿业情况

基本信息：成立于 1989 年 6 月，注册资本 8000 万元，位于广西壮族自治区岑溪市内，包括古益矿区和河三矿区两个矿区，矿床中主要含锌、铅、铜、银。

资源储量：截至 2021 年 12 月 31 日，佛子冲铅锌矿床保有矿体资源量 677.5 万吨，铅金属量 19.53 万吨、锌金属量 24.5 万吨以及伴生矿产铜金属量 1.49 万吨、银金属量 174 吨。2024 年初新增资源储量 611 万吨。

经营业绩：2022 年、2023 年，实现的营业收入分别约为 2.78 亿元、3.13 亿元，净利润为 2785.52 万元、3805.62 万元。交易对方承诺 2024-2026 年佛子矿业实现的净利润分别为 3621 万元、3935 万元和 4248 万元。

收购影响

产能提升：华锡有色交易前控制和经营河池南丹县铜坑、高峰两座矿山，高峰矿采选能力 33 万吨 / 年、铜坑矿采选能力 160 万吨 / 年，佛子矿业采选能力为 45 万吨 / 年，收购后华锡有色的矿山采选规模进一步扩大。

产品丰富：华锡有色此前主要产品为锡精矿、锌精矿、铅锑精矿，收购佛子矿业后，进一步丰富了金属产品种类。

业绩增长：佛子矿业本身具有一定的盈利能力，随着其纳入合并报表范围，有望推动华锡有色业绩进一步增长，预计华锡有色 2024 年至 2026 年的归母净利分别为 5.96 亿元、7.93 亿元和 10.70 亿元。

市场反应

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