Robust Asia Precious Metals Outlook - lbma.org.uk · Precious Metal Trading Value Chain Analysis (2 ... •Investment products •Eliminate delivery delay & cost • APEC custodian

LBMA/LPPM Precious Metals Conference 2012

12 November 2012

Session 3 – Chen 1

光洋僅供LBMA/ LPPM 年會參考資料禁止複製、轉載、外流│SOLARTECH DOCUMENT. FOR LBMA／LPPM CONF. DO NOT COPY For internal use only & Proprietary 1

Robust Asia Precious Metals Outlook

2012/11/12 1

光洋僅供LBMA/ LPPM 年會參考資料禁止複製、轉載、外流│SOLARTECH DOCUMENT. FOR LBMA／LPPM CONF. DO NOT COPY

Taiwan Gold Import Demand (1989-2011)

2012/11/12 2

(Year)

Quantity (ton) Average Annual Demand >100 ton


12 November 2012



The Consumption Chain

2012/11/12 3

Pricing Selection

Ordering/ Purchasing

Financing

Payment

Receiving

Custodian & Logistics

Using

Repairs & Returns

Final Disposal

Service


Precious Metal Trading Value Chain Analysis (1)

Make customer purchase decision much faster, at lower cost, more convenient and more friendly.

Eliminate complexity & feeling more reliable

Absorbing cost volatility

2012/11/12 4


12 November 2012



Precious Metal Trading Value Chain Analysis (2)

2012/11/12 5

Pricing Selection Ordering/

Purchasing

Financing

Payment

Receiving

Custodian & Logistics

Using

Repairs & Returns

Final Disposal

Service

• GoldTaiwan Platform www. GoldTaiwan.com

• Pricing • Online Purchase • ETF • LBMA/ LPPM bar • Investment products

• Eliminate delivery delay & cost • APEC custodian (Planning)

• FedEx/ UPS / DHL

• Scrap • Product Package & Service

• R&R • Toll Refining

• Leasing

• GDMS • Pool Account • Global Transaction • Quick Cash-In

• Waste Management


Close-loop Model (1) – PV

External

Product

Under Dev.

Ag paste

AgNO3

Ag powder

LBMA Ag

Ag

management

PV cell

Ag R&R

2012/11/12 6


12 November 2012



Close-loop Model (2) – SEMI

2012/11/12 7

Au Slug Si / Quartz / Ceramic / AlN

AlCu Target

Parts Clean

Bonding Wire


Close-loop Model (3) – Petro-Catalyst

2012/11/12 8


12 November 2012



Close-loop Model (4) – Electronic Components (PCB, Lead Frame, Connector)

2012/11/12 9

Precious Metal Mgmt. Center Incinerator R&R Lines

Spent Solution

Solid Waste

Filter Catridge

Connector PCB Photo source: Foxconn

PGC/ PSC LF


Solar Applied Materials

2012/11/12 10

CHINA (116,636m2)

Date of Incorporation：August 29th, 1978

Chairman : Howard Chen

Operations：

Global Employees ： 1,570

Revenue in 2011： USD 2.08 billion

Public Listed in 2005, Taiwan (ticker number 1785)

Rating: twA-(outlook: stable), 2009~2012(Taiwan Credit Ratings)

Top 1000 Manufacturers：49th

66,000 m2 50,636 m2

7,424 m2

92,596 m2

153,000 m2

80,525 m2

6 Manufacture Sites

4 Offshore Sales Branches

1 Emerging and Advance Materials Lab

1 Precious Metal Management Center

TAIWAN (333,500m2)

http://nw.foxconn.com/Search/Product_Series_Search.asp?P_Industry=&P_Type=Audio+Jack&P_Family=Audio+Jack+Connector&P_Series=Audio+Jack+Connector+3+Pole&searchTypeID=1


12 November 2012



Operation in Taiwan & China

2012/11/12 11

• Pilot Process & Tech. Dev. • R&D Center • Non-China-Area Products

Sales & Production

• Material Source • Talents Collaboration • Precious Metals R&R • Localized Service

Cross-Strait Niche Alignment/ Global Sales


Core Industries & Competence

2012/11/12 12

ODS Target

HD Target

FPD Target (ITO)

Semi-con Target

OSL Target

WDC Target

Ag Powder Special

Chemicals

PV Target

Ag Powder/ Flake

P-Si Solar Cell

Fuel Cell Material Hydrogen Storage Alloys

LED Substrate

L/E & LAC Target

Auto-Catalyst Recycle

Petro-Catalyst Recycle Scraps/Solution

High Grade Material R&R E-Scrap R&R (High Efficiency)

Parts Cleaning Mfg. of Special Catalyst VIM/ Refining/

Purification

HP/ HIP/ CIP

Bonding/ Hot Forming

Powder Fabrication

Precision Machining

Precious Metal R&R

Customer Engineering

Core Tech.


12 November 2012



Precious Metal R&R Technology

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Au: 35 t/Y, Ag: 600 t/Y, Pt: 7 t/Y, Pd: 3 t/Y Chemical Separation

Incineration

Resin Absorption

Scrap/ Solution R&R

GCR R&R

CRT

MRT

APS


Inspection Capabilities

2012/11/12

Atomic Absorption (AA)

Spectroscope

Induced Coupling Plasma (ICP)

Fire Assay

N/O , C/S Analysis

Differential Thermal Analysis

OM & SEM/EDS

Ultrasonic C-Scan (C-Scan)

Coordinate Measuring Machine

Surface Roughness Measuring

Fine Weighing Micro Vickers

Glow Discharge Mass Spectrometry (GDMS)

C/S

C-Scan

14


12 November 2012



National Lab Certification

ISO 9001 ISO 14001 OHSAS 18001

LBMA Ag Accreditation

ISO/TS16949 KS (Automotive)

LPPM Pt Accreditation

Quality System & Certification

2012/11/12 15

Sony Green Partner


R&R Customer

Role of PMMC

Industrial Application

Product Customer

Mining Company

2012/11/12 16

Bank & Commercial Investment

LBMA / LPPM

Spot Market

PM Bank

ETF

Gold Taiwan Taiwan

Gold Market


12 November 2012



Solartech Domestic Network

2012/11/12

●

7,424 m2

KT Plant Au/ Ag/ PM & Chemicals R&R

ESTP Plant Pt/ Ru/ In/ Pd/ Ga R&R

80,525 m2

92,596 m2

TTIP HQ / R&D Center

Solar Park Opto-E & Semi Industry

153,000 m2

North Operation Center

E & AM Lab.

Taichung Office Precious Metal Mgmt. Center

- Emerging Energy Material R&D, Design & Analysis - TF & Component Exp.

● ●

● ●

●

Complete & Rapid Product Development Flow

PM R&R R&D & Mfg. Machining &

Bonding Verification & Analysis


Solar’s PMC Strength

2012/11/12 18

1. PM/RM R&R lines completed and the tech. and capacity are competitive in international market.

2. The only vendor in Greater China to pass LBMA Ag, Au and LPPM Pt accreditation with delivery record.

3. Manufacture and service at one site. (incl. assay lab, refining vault and logistic service management center)

4. Duty free & Free of VAT

5. Reach major Asia cities within 1~4 hours. (Manila, Singapore, Kuala Lumpur, Hanoi, Bangkok, Hong Kong, Shanghai, Seoul, Osaka, Tokyo) The best transfer point in Asia Pacific.

6. Several banks in Asia Pacific are interested in the service provided. The model will allow larger physical trade and more convenient SWAP.

Au

Ag

Pt


12 November 2012



Custodian Design (G4S)

2012/11/12 19

Total Wall Area: 1784.75m2


Internet Marketing: PM Products

2012/11/12 20

投資型 / Investment

典藏型 / Classic

限量型 / Limited

400 oz 金條/gold bar

1 Kg 金條/gold bar

5 Tael 金條/gold bar

1 Tael 金條/gold bar

10 g 金片/gold plate

1000 oz 銀碇/silver ingot

1 Kg 銀條塊/silver bar

1 oz 銀幣/silver coin

1 Kg 銀元寶/silver Sycees

500 g 銀元寶/silver Sycees

100 g 銀元寶/silver Sycees

300 g 生肖銀條套裝/zodiac silver sets

1 oz 生肖銀幣/zodiac coin


12 November 2012



Internet Marketing: GoldTaiwan.com

2012/11/12 21

PM Trading Service

PM Pricing Service

PM Products

News


Internet Marketing: Online Purchase

2012/11/12 22

Gold Taiwan Platform

(www.goldtaiwan.com)

Truney (www.truney.com)

My Silver (www.mysilver.com.tw)

Book Silver Trade

(www.booksilvertrade.com.tw)

Taiwan, HK, China, Malaysia, Singapore


12 November 2012



Au/ Ag/ Pt ETF Plan

• Team Building

• Custodian

• Physical Metal Refiner and Provider

• Marketing Agent

• Participating Dealer

• Regulation Review & Government Approval

• Launch (estimated in 2013)

2012/11/12


New Potential, Robust Collaboration

2012/11/12 24

• HK & CHINA /INDIA • ASEAN +6

• Precious Metal Mgmt. • Custodian Service

• Raw Material • Product Application

• Local R&R

• Global Collaboration • Process Innovation

• Worldwide Service • Local Touch

Emerging & Strong Demand in Asia Market

Close-loop Model & Service Package

Customer Satisfaction


12 November 2012



Green. Value. Future.

Change for Excellence !

2012/11/12 25

Documents

Robust Asia Precious Metals Outlook - lbma.org.uk · Precious Metal Trading Value Chain Analysis (2 ... •Investment products •Eliminate delivery delay & cost • APEC custodian