Zijin plans to enter the top three in global copper and gold mine product output by 2028, with some indicators reaching first place by 2035

Zijin Mining (02899.HK) announced that by 2028, the company's comprehensive indicators such as resource reserves, main mineral product output, sales revenue, asset scale, and profits will further improve in ranking. The output of copper and gold mineral products will enter the top three globally, and a highly adaptive global operation management system and ESG sustainable development system with Zijin characteristics will be fully established; striving for a leap-forward growth in major indicators by 2035 compared to 2025, with some indicators reaching the global first place, and fully establishing a "green high-tech top-tier international mining group."

Among them, the company's targets for gold production in 2025, 2026, and 2028 are 90, 105, and 130 to 140 tons respectively; copper production is targeted at 1.09 million, 1.2 million, and 1.5 million to 1.6 million tons; silver production is set at 437, 520, and 600 to 700 tons; zinc/lead production is aimed at 400,000, 400,000, and 400,000 to 450,000 tons; lithium carbonate equivalent production is targeted at 25,000, 120,000, and 270,000 to 320,000 tons; molybdenum production is set at 11,000, 15,000, and 25,000 to 35,000 tons.

The company emphasizes adhering to a resource-first strategy, maintaining "globalization, large-scale projects, and asset securitization," increasing efforts to acquire strategic mineral resources, focusing on the development of gold and copper as key minerals, and forming a globally competitive lithium sector; stabilizing and enhancing the output and resource reserves of zinc, silver, and molybdenum; strengthening exploration efforts to achieve significant breakthroughs in independent mineral exploration. The investment layout system will be optimized, with a focus on key areas in the western region domestically; overseas, attention will be paid to countries bordering China by land, as well as other friendly countries with good legal environments; exploring the establishment of overseas processing bases to build a "mineral - smelting and extended industry" dual circulation model.

Zijin believes that planning for the main mineral product output over the next three years and the vision for 2035 is of great significance. The company will closely adhere to the guiding ideology and strive to achieve the planning goals, creating greater value for shareholders and contributing more "Zijin power" to global mining development and a better life for humanity