On March 18, Zijin Mining Group Company Limited(601899) released its annual report for 2021, and the company achieved an operating revenue of 225102 billion yuan, an increase of 31.25% year-on-year; The net profit attributable to shareholders of listed companies was 15.673 billion yuan, a year-on-year increase of 140.8%.
In 2021, the company's annual mineral copper was 584000 tons, with a year-on-year increase of 28.83%; 47.5 tons of mineral gold, a year-on-year increase of 17.16%; Mineral zinc (lead) was 434000 tons, with a year-on-year increase of 14.86%; 309 tons of mineral silver, a year-on-year increase of 3.38%; 4.25 million tons of iron concentrate, a year-on-year increase of 9.82%.
In terms of major projects, Zijin Mining Group Company Limited(601899) said that the implementation of caving mining in four underground large porphyry deposits, including Heilongjiang Tongshan Copper Mine, Fujian Zijinshan luobuling copper (molybdenum) mine, Serbia bor copper JM copper mine and Serbia chukalu peji copper gold mine, is expected to form an annual copper production capacity of more than 200000 tons; The second phase project of Julong copper mine in Tibet is expected to increase the annual production capacity of 200000 tons of copper metal; The phase II project and some phase III projects of kamoa kakura copper mine in the Democratic Republic of the Congo are expected to increase the annual production capacity of 120000 tons of equity copper metal. By 2025, the company is expected to form an annual capacity of 50000 tons of lithium carbonate (LCE).
Previously, Zijin Mining Group Company Limited(601899) several lithium projects made new progress. On January 24, the official website of Zijin Mining Group Company Limited(601899) disclosed that katamba mining, a joint venture with cominiere, held a shareholders' meeting to launch Zijin Mining Group Company Limited(601899) first lithium exploration project.
On January 26, Zijin Mining Group Company Limited(601899) announced that the general meeting of shareholders of Xinli company had approved the acquisition transaction, the approval or filing procedures of domestic and foreign regulatory authorities required for the acquisition of equity of Xinli company had been completed, and the EIA permit for the mining phase I of 3q project had been approved. The first phase of 3q project will be designed to produce 20000 tons of battery grade lithium carbonate per year according to the feasibility study scheme. It is expected to be completed and put into operation by the end of 2023, using the precipitation method as the main process.
Zijin Mining Group Company Limited(601899) mentioned that it will allocate resources globally and seek M & A opportunities of great strategic significance; Pay attention to copper, gold and other scarce minerals and zinc and other high potential minerals, and increase the acquisition of lithium, cobalt, nickel and other new energy mineral resources; Increase investment in ore prospecting, green space and primary exploration, open a new round of ore prospecting in Zijinshan and other key mines, and strive for new breakthroughs; Pay attention to the recycling of huge "urban mines" mineral resources and expand new ways to obtain resources.
