Xintai Copper Industrial Co.,Ltd of Laiwu Iron & Steel Group (formerly named the Smelting Plant of Laiwu Iron &Steel General Factory, restructured to be a limited company in Sep.2000) is a subsidiary subordinate to the super-large steel complex-laiwu Iron & Steel Group. With a history of over 40 years of production, it has been entitled "National First-class Measurement Unit" and "Provincial Awarded Unit of Quality Management Prize". It is one of the largest copper sulphate producers in world. At present, it annually produces copper sulphate 60,000 tons, washing exquisite coal 1,000,000 tons and iron powder 500,000 tons, which realized the gross exchequer 280,000,000 yuan and plan revenue 1,200,000,000 yuan a year. It also produces electrolyze copper, fine coal, fine coal powder, industrial vitrol, plate and mark, cast copper, etc.