Mineral resources are the basis for the survival and growth of mining companies. At Zijin Mining, we have laid a strong foundation for our sustainable development through independent exploration programs and counter-cyclical acquisitions of large and ultra-large projects.

Commodity	Unit	Reserves	Resources (including reserves)	Global Ranking by Reserves
Copper	Mt (metal)	56.61	109.68	No.3
Gold	t (metal)	1,996	4,610	No.5
Lithium carbonate equivalent	LCE Mt	7.97	18.83	No.10
Sliver	t (metal)	3,231	31,940	No.11
Molybdenum	Mt (metal)	2.66	4.99	No.3
Zinc and lead	Mt (metal)	7.82	12.56	No.4

Notes: 1. Resource figures above are reported on a 100% basis for controlled affiliates and on an attributable basis for joint ventures and joint operations. The figures are as of year-end 2025.

            2. As a reference, one tonne of lithium oxide is equivalent to approximately 2.473 tonnes of lithium carbonate.

We have a distinct competitive edge in in-house exploration, with per-unit exploration costs well below the industry average. We prioritize exploration at or near our existing mines, while also actively pursuing strategic greenfield and brownfield opportunities and investing in junior exploration ventures. Through in-house exploration, we have discovered approximately 50% of the gold and copper resources we hold, and more than 90% of our zinc and lead.