The latest update is out from Jinchuan Group International Resources Co. Ltd ( (HK:2362) ).
In 2024, Jinchuan Group International Resources Co. Ltd reported a 2.9% increase in copper production to 63,787 tonnes, despite challenges such as unstable power supply in the Democratic Republic of Congo. However, cobalt production significantly decreased by 61.3% to 855 tonnes due to lower ore feed grade and declining market prices, prompting a temporary halt in production. The Group increased its copper sales by 4.6% to 62,280 tonnes, while cobalt sales decreased by 32.0% as it actively destocked its inventory.
More about Jinchuan Group International Resources Co. Ltd
Jinchuan Group International Resources Co. Ltd is a company incorporated in the Cayman Islands, focusing on mining operations. The Group’s primary products include copper and cobalt, with operations primarily based in the Democratic Republic of Congo.
YTD Price Performance: 3.85%
Average Trading Volume: 15,307,870
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$6.75B
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