Zijin Mining Group Co. Ltd Unsponsored ADR (FJZB)

Overview

Zijin Mining Group Company Limited, initially founded as Fujian Zijin Mining Industry Company Limited in 1986, is a comprehensive mining entity engaged in the exploration, mining, processing, refining, and selling of gold, non-ferrous metals, and various other mineral resources both domestically within Mainland China and on an international scale. Having undergone a name change in June 2004, the company now operates globally, with a diversified portfolio that extends into environmental protection, trading, and other sectors. Its headquarters are situated in Longyan, The People's Republic of China, marking it as a pivotal player in the global mining and mineral processing industry.

Products and Services

• Gold Bullion: A core product, Zijin Mining produces gold bullion, reflecting its strong foothold in the gold mining industry.
• Metals and Ores: Including copper, zinc, lithium, lead, silver, molybdenum, cobalt, tungsten, and more, the company is a significant producer of various non-ferrous metals and critical minerals, essential for numerous industries worldwide.
• Iron Ore Concentrate and Other Minerals: Zijin Mining also produces iron ore concentrate, coal, platinum, and palladium, diversifying its mining outputs beyond metals.
• Sulphuric Acid and Copper Cathodes: The company's chemical production includes sulphuric acid, further extending its reach into industrial chemicals.
• Zinc Bullion: Contributing to the global zinc market, Zijin Mining processes and refines zinc ore into bullion.
• Trading, Investment, and Asset Management: Beyond mining, Zijin engages in trading activities related to its produced metals, investment in mining ventures, and manages assets related to its industry operations.
• Jewelry and Jade Products: Expanding its commercial activities, the company also engages in the production and sale of jewelry and jade items.
• Metallurgical Engineering and Mining Services: Zijin offers metallurgical engineering technology research, mine geological technical services, mining technology development, consultation, and transfer services, supporting both in-house projects and external clients.
• Environmental Protection Services: This includes production of dust removing and auxiliary equipment, undertaking desulphurisation, denitrification engineering projects, soil restoration, and engaging in air pollution control, industrial wastewater treatment, refuse disposal, and flue gas treatment services.