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Jinchuan Group International Resources Co. Ltd ( (HK:2362) ) just unveiled an update.
Jinchuan Group International Resources Co. Ltd announced a decrease in copper and cobalt production for the first half of 2025 due to power supply issues at its Ruashi Mine in the DRC. The company has addressed these issues by installing additional diesel generators, allowing the resumption of operations. However, cobalt sales were halted due to an export ban, impacting the company’s market activities. Trading in the company’s shares remains suspended due to delays in publishing annual results and other administrative issues.
More about Jinchuan Group International Resources Co. Ltd
Jinchuan Group International Resources Co. Ltd is a company incorporated in the Cayman Islands, primarily involved in mining operations. The company focuses on the production and sale of copper and cobalt, with operations in the Democratic Republic of Congo.
Technical Sentiment Signal: Hold
Current Market Cap: HK$8.4B
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