Physical Gold & Silver trading
New Times Energy has begun conducting physical gold trading activities since 1 June 2020; other physical precious metals began on 1 Mar, 2021.
Our trading key performance indicators (KPIs) are as follows:
|Physical Gold & previous metals Trading||HK$?|
For the Year 2021 (from 1 Jan, 2021 to 31 Dec, 2021)?
|HK$ 11.0 billion|
Gold and Precious Metal Refinery
New Times Energy is working closely with an industry specialist company on building a Gold Refinery Plant in Hong Kong. The Project information is as follows:
- Total investment of HK$20million.
- Processing Capacity: 50 tonnes (1,607,537 troy oz) of gold per year.
- Refinery operation to commence in Q3, 2022.
Estimated Revenue from physical gold trading and refining activities at US$2,041 (HK$ 15,917) for YE 2022 (from 1 Jan 2022 to 31 Dec 2022)