Zijin News - on 27th April 2021, Zijin Mining Group successful issued ‘2021 Phase 1 ‘Carbon Neutrality’ Bond’ in the interbank bond market. Zijin mining became the first company to issue ‘Carbon Neutrality’ bond in precious metal industry. The total amount of bond issued is 300 Millions RMB with a 3-year maturity period at a rate of 3.71%. The fund raised will be invested in the construction of solar power station.
The successful issuance of bond is an important measure to practice ‘Carbon Peak and Carbon Neutralization’. The solar power station is expected to generate 136.42 million kwh power annually which will reduce the usage of 416.8 thousand tonnes of fuel and reduce the emission of 113.7 thousand tonnes of CO2, 255.11 tonnes of SO2 and 266.02 tonnes of NO2, 51.84 tonnes of particulates.
About Zijin Mining
Zijin Mining is a leading global metals and mining company and one of the world’s largest producers of gold, copper, and zinc. The company has more than 30 large-scale mining operations and projects across 19 countries on 5 continents. Leveraging strong in-house research, engineering, and development capabilities, Zijin maintains high operational efficiency and low costs in both acquisitions and operations. This enables the company to be an industry leader in value creation, underpinned by its philosophy of pursuing development for all and sustained by superior environmental, social, and governance performance. Zijin’s shares trade on the Hong Kong Stock Exchange (HKEX: 2899) and the Shanghai Stock Exchange (SSE: 601899).