Malipo Tungsten Mine
Mine Type: Open Pit, Underground
Wenshan Malipo Zijin Tungsten Industry Group Co., Ltd., founded in February 2007, is located in Malipo County, Wenshan Zhuang and Miao Autonomous Prefecture, Yunnan Province. Its registered capital is 1 billion yuan, Zijin Mining holding 76.92%. By the end of 2018, it had about 300 employees.
The company controls Nanwenhe Tungsten Mine and many subsidiaries with 38 mining rights. By the end of 2018, the company had 21.822 million tonnes of ore and 87,000 tonnes of WO3. In 2018, Zijin Tungsten produced 3,254 standard tonnes of tungsten concentrate, achieving revenue of 295 million yuan, total profit of 47.88 million yuan, and tax contribution of 59.392 million yuan. By the end of 2018, the total assets were 1.849 billion yuan, paid dividends totaling 375 million yuan, including 17.94 million yuan in 2018.