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Jinchuan Group International Resources Co. Ltd ( (HK:2362) ) has issued an update.
Jinchuan Group International Resources reported a 5.5% year-on-year rise in copper output to 61,867 tonnes in 2025 and a 26.9% increase in cobalt production to 1,085 tonnes, driven mainly by the commissioning of its Musonoi Project in the DRC. Production was partly constrained early in the year by power supply instability at the Ruashi mine, which temporarily halted the SX-EW system and forced a shift toward copper concentrate, but operations resumed in May after the installation of diesel generators.
Despite higher production, copper sales fell 7.6% to 57,551 tonnes, while no cobalt was sold in 2025 due to low output and a DRC state export ban in place from February through year-end. The Musonoi Project, now the group’s third operating mine in the DRC, boasts mineral reserves larger than the combined Ruashi and Kinsenda mines, underscoring its strategic importance, even as the company’s shares remain suspended from trading on the Hong Kong Stock Exchange since March 2025.
More about Jinchuan Group International Resources Co. Ltd
Jinchuan Group International Resources Co. Ltd is a Hong Kong-listed resources company engaged in mining and processing of non-ferrous metals, primarily copper and cobalt, with core operations in the Democratic Republic of Congo. The group’s portfolio includes the Ruashi, Kinsenda and newly commissioned Musonoi mines, positioning it as a significant regional supplier to global metals markets.
Technical Sentiment Signal: Hold
Current Market Cap: HK$8.4B
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