**Abstract:** On the 18th of this month, the "2013 International Shale Gas Conference," hosted by the China Mining Association, will take place in Beijing. This event marks a significant step forward in China's shale gas development as the second round of exploration rights will be opened for bidding to 16 successful applicants. According to a recent report, the Yellow River Whirlwind, a leading company in super-hard alloy materials, is expected to participate in the conference as a key material supplier, aiming to capitalize on the growing business opportunities driven by the expansion of shale gas projects.
The conference serves as a crucial platform for Chinese and American companies to exchange knowledge and technologies related to shale gas development. It also provides an opportunity for U.S. mid-sized shale gas firms to showcase their advanced technologies and equipment, while offering Chinese participants a chance to learn from global best practices. As a result, China’s shale gas industry is transitioning from the previous phase of bidding and land enclosure to a more active stage of large-scale exploration and development. Major players in the drill bit and super-hard material sectors are already preparing for this shift, with companies like Yellow River Whirlwind actively seeking partnerships and supply chain collaborations at the event.
As a leading player in the domestic super-hard materials sector, Yellow River Whirlwind has developed advanced PCD (Polycrystalline Diamond Compact), PDC (Polycrystalline Diamond Cutters), and PCBN (Polycrystalline Cubic Boron Nitride) products using state-of-the-art technology and production methods. These materials are widely used across industries such as oil drilling, geological exploration, coal mining, and precision machining. With the increasing demand for efficient drilling solutions in unconventional energy sources, the company is positioning itself as a key supplier for the emerging shale gas market.
According to industry research reports, the company has seen a steady increase in gross profit margins due to its high-quality PCD composite sheets and pre-alloyed metal powders. As its technology continues to mature, it is expected that these advanced materials will replace traditional hard alloys in new applications, including shale gas extraction. This transition could significantly boost the company’s future performance.
PCD drill bits are known for their high strength, hardness, wear resistance, and impact resistance. They have been widely used in conventional oil and gas exploration, where the depth of natural gas reservoirs typically ranges between 1,500 and 3,000 meters. Given that shale gas deposits are found at similar depths, it is reasonable to expect that PCD bits will also be effective in shale gas operations.
In addition, the company announced in November 2012 that it plans to issue no more than 120 million shares at a price of at least 6.72 yuan per share, raising a total of up to 774 million yuan. The funds will be allocated to the “High-Grade Super-Hard Material Single Crystal Industrialization Project.†Once completed, the project will enable the company to produce 1.4112 billion carats of high-grade super-hard material annually.
Looking ahead, the upcoming “2013 China International Shale Gas Exploration and Development and Market Summit Forum†in Chongqing on March 26 is expected to further drive interest in the sector. It is reported that drilling technology companies will account for 20% of the participants. Analysts believe that as China’s shale gas strategy progresses, listed companies such as Huanghe Cyclone, Sifangda, and Yu Diamond—specializing in drill bits and alloy materials—are well-positioned to benefit from the growing market.
Double Glazed Laminated Glass,Building Laminated Glass,Tempered Laminated Glass,Low Iron Building Industrial Glass
SHANDONG TOP LEADER GLASS CO.,LTD , https://www.topleaderglass.com