Julong Copper Mine
Julong Copper Mine
Julong Copper Mine
Julong Copper Mine

The project has a world-class, large-scale, and low-grade porphyry copper-molybdenum deposit. The mining area also contains a significant amount of low-grade refractory mineral resources, with promising potential for exploration and resource growth.

Julong Copper Mine
  • Location
    Lhasa, Tibet Autonomous Region
  • Ownership
    50.10%
  • Project status
    In production+ undergoing expansion
  • Deposit Type
    Porphyry+skarn
  • Mineral Resources (Inclusive of Mineral Reserves)
    Contained copper: 19.27Mt, Grade: 0.31% g/t
  • Mining & Processing methods
    Open-pit mining +flotation
  • 2023 Production
    Copper: 154,000 tonnes
    Silver: 105.7 tonnes
    Molybdenum: 5,596 tonnes
  • Debottlenecking and expansion

    The 150kt/d Phase 1 Project has commenced commercial production. The Phase 2 Expansion, which has been approved by the government, will begin construction in 2024, with completion expected by the end of 2025. Once fully operational, the mine’s annual throughput is expected to exceed 100 million tonnes, with annual copper production projected to reach 300,000 to 350,000 tonnes, making it the largest copper-only mining operation in China and the largest globally among mines commissioned this century. Phase 3 Expansion will also be planned.

  • M&A

    In 2020, Zijin Mining acquired a 50.1% interest in Julong Copper.

ESG

The project aims to build a green, safe, and intelligent mining operation that complies with laws and regulations and has a cohesive workforce. It works to benefit local communities and forge a shared future with them. Dedicated to building an ultra-large mine with the lowest carbon emissions and energy consumption in China, it is taking active steps to build a smart mine and roll out clean energy solutions. The project prioritizes ecological restoration and monitors environmental impacts in the mine site, with a particular focus on preserving biodiversity. Local employment opportunities are emphasized, alongside the establishment of a high-altitude safety emergency system to safeguard employee health. Julong Copper ensures that the benefits of corporate development are shared with local governments and communities through various means, including dividend payouts, outsourcing, industry support initiatives, and local employment.