The principal activity of ZincOx Resources is to identify and develop zinc projects where the knowledge and expertise built up over many years can be used to evaluate and, where applicable, develop projects or work with others in joint ventures or sell on such projects with a view to building cash reserves to return to shareholders. The Company was the developer of Asia’s largest zinc recycling plant and acts as a recycling, processing, development and holding company
Exchange: LSE (ZOX)
Financial data from the Exchange website: LSE Summary
Recent Financial Report: Result of Annual General Meeting
Following the proof of concept by building and operating the Korean Recycling Plant the company has turned its attention to building more plants in other suitable countries. The group has been actively researching a potential site with the Government of Vietnam. There are no large scale plants treating electric arc furnace dust (EAFD) from steel in Vietnam, the disposal of which presents a growing problem for the EAF operators. The projected VRUP is designed to have a capacity of 100,000 tpa and cost about US$107million to develop and is likely to be sited in the Phu My industrial estate 100 kilometres from Ho Chi Minh City.
In 2017 the site for the projected venture of the recycling steel scrap was selected on the Phu My 3 industrial zone. A 61 year lease has entered into with its previous joint venture partner in South Korea, the Korea Zinc Company (KZC), with ZincOx retaining a 49 per cent interest in the JVA.
Hampshire RG27 8NW
Tel: +44 (0) 1276 450100
Fax +44 (0) 1276 850281
Executive Directors: Andrew Woolett/ Donald McAlister