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Jinchuan Group International Resources Co. Ltd ( (HK:2362) ) has shared an announcement.
Jinchuan Group International Resources Co. Ltd reported a decrease in copper and cobalt production for the nine months ending September 2025, primarily due to power supply issues affecting their Ruashi Mine in the DRC. The company addressed these issues by installing additional diesel generators, allowing the resumption of operations. Despite the production challenges, copper sales slightly increased, while cobalt sales ceased due to low production and an export ban. The commissioning of the Musonoi Project is expected to bolster the company’s mineral reserves, potentially improving its market position. Trading in the company’s shares remains suspended.
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 company primarily deals with the production and sale of copper and cobalt, with operations in the Democratic Republic of Congo. The company has recently commissioned the Musonoi Project, which is expected to enhance its mineral reserves significantly.
Technical Sentiment Signal: Hold
Current Market Cap: HK$8.4B
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