Zijin Mining Forecasts Profit Jump of Up to 62% for 2025 on Higher Output and Prices

Zijin Mining Group Co ( (HK:2899) ) has provided an update.

Zijin Mining Group expects a sharp rise in profitability for 2025, forecasting net profit attributable to shareholders of RMB51.0–52.0 billion, up about 59%–62% from RMB32.051 billion in 2024. Net profit after non-recurring items is projected at RMB47.5–48.5 billion, an increase of roughly 50%–53% year on year, although these figures are based on internal estimates and have not yet been audited. Management attributes the earnings surge to higher production volumes of key mineral products—particularly mine-produced gold, copper, silver and a substantial ramp-up in lithium carbonate equivalent—as well as higher selling prices for gold, copper and silver. The strong guidance underscores Zijin’s expanding scale and pricing leverage in core metals, highlighting improved operational performance and reinforcing its strategic position in the global mining and new-energy materials supply chain.

The most recent analyst rating on (HK:2899) stock is a Buy with a HK$42.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.

More about Zijin Mining Group Co

Zijin Mining Group Co. is a major Chinese mining company focused on the exploration, production and sale of mineral resources, with core products including mine-produced gold, copper, silver and lithium. The group operates globally and is positioned as a significant supplier of these strategic metals, serving industrial and consumer demand tied to electronics, energy transition and broader infrastructure development.

Average Trading Volume: 64,898,145

Technical Sentiment Signal: Buy

Current Market Cap: HK$973.1B

For a thorough assessment of 2899 stock, go to TipRanks’ Stock Analysis page.