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Zijin Mining Group's Statement
2024/08/11 8780

Zijin Mining is aware of erroneous allegations leveled by the U.S. government (USG) against Xinjiang Habahe Ashele Copper Co., Ltd. (Ashele Copper), a partially owned subsidiary of our company, pertaining to Ashele Copper’s labor practices, claiming to have “reasonable cause” to believe accusations leveled by third-parties. We have been advised that at no time did the USG contact Ashele Copper to discuss any concerns and provide Ashele Copper with an opportunity to defend itself against these unfounded allegations. Notwithstanding this unfair treatment, we understand that Ashele Copper intends to demonstrate to the USG the error of its determination and we will support the effort. We are confident that Ashele Copper will succeed in this effort.

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).