Zijin News - On March 21, Zijin announced the hot commissioning of the Phase 2 3.8 Mtpa concentrator plant at the Kamoa-Kakula mine in the Democratic Republic of the Congo, four months ahead of schedule. With experience gained in the construction and operation of Phase 1, Phase 2 was up and running in 18 months, 6 months shorter than Phase 1. Phase 1 reached name-plate capacity and targets in only...

Zijin News - On the evening of March 18, Zijin Mining Group (“Zijin”) released its 2021 annual report. Zijin’s performance hit a record high, with both revenue and total assets exceeding RMB 200 billion. In 2021, Zijin’s EBITDA stood at RMB 35.1 billion, and total profit was RMB 24.8 billion. Net profit attributable to shareholders of the parent company was RMB 15.7 billion, up 141% year-on-year. ...

Kamoa-Kakula expected to be the world’s forth largest copper producer after de-bottlenecking in 2023 Zijin News On February 23, Zijin Mining announced that upon completion of the de-bottlenecking initiative, annual copper output at Kamoa-Kakula’s Phase 1 and Phase 2 plants is expected to reach 450,000 tonnes -positioning Kamoa-Kakula as the world’s fourth largest copper producer. The de-bottleneck...

Zijin News On February 1, members of Zijin’s project team met at the site of the Tres Quebradas lithium brine project in Argentina, marking the commencement of the construction. This team was set up with members from Zijin’s projects in different countries such as China, Columbia, Australia, Serbia, and the DRC right after it offered to acquire the world-class lithium project for RMB 5 billion on ...

Zijin News - On January 26th, Zijin Mining announced that it completed the acquisition of 100% of the shares of Neo Lithium Corp (“Neo Lithium”), a company incorporated in Canada, after over three months of preparation. Zijin will soon launch the construction of the 3Q lithium brine project in Argentina, with the aim of putting Phase I of the project into production by the end of 2023. According t...