Zinc
Zinc
zinc
Applications
  • Automobile
    Automobile
  • Battery
    Battery
  • Metallurgy
    Metallurgy
  • Machinery
    Machinery
  • Light Industry
    Light Industry
Industrial Metal
  • Zinc is a basic industrial metal, widely used in automobile manufacturing, battery energy storage and other industries including steel, metallurgy, machinery, electrical engineering, chemical, light industry, military and pharmaceuticals.
The Group has high profitability in low-grade zinc development business.
The Group has high profitability in low-grade zinc development business.
Business

Highlight: The Company is the largest mined-zinc producer in China, with significant capacity and profitability in low grade zinc (lead) ore development. During the reporting period, phase 4 of Zijin Zinc’s flotation processing system commenced commissioning and trial production.

Resources:Zinc resources were 9.89 million tonnes, of which the proved and probable reserves were 4.2 million tonnes; lead resources were 1.3 million tonnes, of which the proved and probable reserves were 604,200 tonnes.
Production: The Group produced 720,776 tonnes of zinc, representing an increase of 0.26% compared with the same period last year (same period last year: 718,883 tonnes).

Among which, the Group produced 402,321 tonnes of mined zinc in concentrate, representing an increase of 1.48% compared with the same period last year (same period last year: 396,443 tonnes);

318,454 tonnes of zinc ingots were produced from smelters, representing a decrease of 1.24% compared with the same period last year (same period last year: 322,440 tonnes).

39,661 tonnes of lead in concentrate were produced, representing an increase of 4.53% compared with the same period last year (same period last year: 37,942 tonnes).

Costs: During the reporting period, the unit cost of sales of mine-produced zinc was RMB8,017/tonne, representing an increase of 8.80% compared with the same period last year (same period last year: RMB7,369/tonne).

Contribution: Sales income from the zinc (lead) business represented 4.55% (after elimination) of the operating income during the reporting period. Gross profit generated from zinc (lead) products represented 7.68% of the gross profit of the Group.

Major zinc/lead mines

or enterprises 

Name

Ownership

Consolidated-Mined zinc (kt)

Consolidated-Mined lead (kt)

Consolidated-Mined Zinc and lead (kt)

Attributable-Mined Zinc and lead (kt)

Zijin Zinc

100%

140.76

20.23

160.99

160.99

Bisha, Eritrea

55%

120.53

-

120.53

66.29

Longxing, Russia

70%

85.38

6.22

91.6

64.12

Urad Rear Banner Zijin

95%

45.30

9.98

55.29

52.52

Ashele Copper Mine

51%

9.42

-

9.42

4.80

Other sites

0.93

3.23

3.40

3.90

Total

402.32

39.66

441.98

352.63


Major zinc (lead) refineries

Name

Ownership

Consolidated-Zinc bullion (kt)

Attributable-Zinc bullion (kt)

Bayannur Zijin

87%

213.35

186.04

Xinjiang Zijin Non-ferrous

100%

105.10

105.10

Total

318.45

291.15


Locations of zinc mines
Other Main Products