On April 21, Zijin Mining Group Co., Ltd. released its first quarter report for 2026. During the reporting period, the company achieved operating revenue of 98.498 billion yuan, a year-on-year increase of 24.79% compared to 78.928 billion yuan in the same period last year; total profit reached 31.584 billion yuan, a year-on-year increase of 115.03%; net profit was 25.166 billion yuan, a year-on-year increase of 101.90%. In the lithium segment, the company achieved lithium carbonate equivalent production of 16,000 tons. Several lithium mine projects are steadily ramping up capacity, and the northeastern project of the Manono Lithium Mine is expected to be completed and commence production in June 2026.

The lithium mine Zijin Mining Group Co. plans to open this year in the Democratic Republic of Congo is set to be one of the world’s biggest suppliers of the battery metal.The Chinese company – which has grown at breakneck speed to become a top producer of copper and gold – has been developing the Manono lithium project in southeastern Congo since it secured the prized deposit in 2023.

Recently, Zijin Mining Group Co., Ltd. issued an announcement on its three-year (2026-2028) production plan for major mineral products and its long-term vision outline for 2035. The announcement shows that the production of ore-derived zinc (lead) reached 400,000 mt in 2025, is expected to remain flat at 400,000 mt in 2026, and is planned to reach 400,000-450,000 mt in 2028.

On June 16, the case of Zijin Mining Group Co., Ltd. and Ajlan & Bros Mining Company establishing a new joint venture entered the public announcement period, which will last from June 16, 2025, to June 25, 2025. According to the public announcement form for simplified cases of concentration of undertakings, Zijin Mining, through Gold Merit International Investment Company Limited, signed a Joint Venture Agreement with Ajlan & Bros Mining, proposing to establish a joint venture in Saudi Arabia. The main business of the joint venture will involve the exploration and potential mining of potential mineral reserves (including zinc, copper, and gold) associated with the Jabal Sayid mineralized zone in Saudi Arabia, as well as the operation, management, and development of mines, and the production and sale of minerals.

On June 16, the case of Zijin Mining Group Co., Ltd. and Ajlan & Bros Mining Company establishing a new joint venture entered the public notification period, which runs from June 16, 2025, to June 25, 2025. According to the Notification Form for Simplified Cases of Concentration of Undertakings, Zijin Mining, through Gold Merit International Investment Company Limited, signed a Joint Venture Agreement with Ajlan & Bros Mining, proposing to establish a joint venture in Saudi Arabia. The main business of the joint venture will involve exploring and potentially mining potential mineral reserves (including zinc, copper, and gold) associated with the Jabal Sayid mineralized zone in Saudi Arabia, as well as the operation, management, and development of mines, and the production and sale of minerals.

[Leading Lithium Miner Plans to Spin Off Subsidiary for Listing in Hong Kong] On May 26, Zijin Mining Group Co., Ltd. (hereinafter referred to as "Zijin Mining") announced that it intends to spin off its holding subsidiary, Zijin Gold International Co., Ltd. (hereinafter referred to as "Zijin Gold International"), for listing on the Main Board of the Hong Kong Stock Exchange. The offering will be conducted through a Hong Kong public offering and international placement. The number of shares to be issued in this spin-off and listing will not exceed 15% of the total share capital of Zijin Gold International after the issuance (before the exercise of the over-allotment option). Prior to the implementation of this spin-off, Zijin Mining intends to restructure and integrate multiple overseas gold mine assets under its control into Zijin Gold International. The relevant restructuring work is currently still in progress.

Recently, Jiangsu Yeyingshun Electronic Technology Co., Ltd. signed a cooperation agreement with SMM (Shanghai Metals Market) for advertising space in the copper section of the SMM website. The partnership aims to expand pragmatic cooperation and promote industrial exchanges, thereby achieving deeper collaboration, market expansion, and mutual benefit. Going forward, SMM will leverage its position as a leading service provider in the non-ferrous metals industry to offer enterprises one-stop online marketing solutions through comprehensive online displays, fostering a virtuous cycle between production and the market and realizing shared value for both parties. Jiangsu Yeyingshun Electronic Technology Co., Ltd. Jiangsu Yeyingshun Electronic Technology Co., Ltd. is a comprehensive enterprise engaged in domestic bulk commodity trading, dedicated to providing efficient, safe, and reliable bulk commodity trading and supply chain solutions for clients. Leveraging its strong resource integration capabilities, professional team, and global business network, the company primarily deals in spot copper cathode, coal, steel, plastic pellets, iron ore, energy, metals, minerals, agricultural products, and other bulk commodities. Its business scope covers multiple areas, including procurement, sales, warehousing, logistics, and financial services. 1. Supply Chain Management: Through a digital supply chain management system, the company provides one-stop services from procurement and warehousing to delivery, ensuring efficient supply chain operations and cost optimization. 2. Domestic Logistics: The company can offer warehouse site selection and agency operation services for demanders. 3. Financial Services : The company provides trade supply chain financial services for partners, including front-end agency procurement, in-transit financing, and inventory financing, helping clients improve capital utilization efficiency. 4. Competitive Advantages : The company has branch offices nationwide and has established long-term and stable cooperative relationships with many well-known domestic supply chain enterprises. Trade Description: The company only engages in spot sales of copper cathode, coal, and steel. Its upstream suppliers include Jiangxi Copper Corporation Group Co., Ltd., China Copper Corporation Limited, Amer International Group, and Zijin Mining Group Co., Ltd. Its downstream demanders include Tianjin Dawufeng Copper Semis Co., Ltd., Fujian Shanghang Taiyang Copper Industry Co., Ltd., and other companies without credit periods. Contact Information Mr. Leng: 139 1405 9091 SMM Contact Person Zhang Guolei 16601900190 zhangguolei@smm.cn

In recent years, the new energy industry has developed rapidly. From the lithium battery industry chain to the PV industry chain, the trend of raw material prices has shifted from continuous increases a few years ago to stable operation today. Through market competition, the prices of lithium carbonate and polysilicon have gradually stabilized, laying a foundation for the healthy development of the industry chain in the future. Against the backdrop of the global low-carbon economy, the prospects of the new energy industry remain promising. The industry is undergoing a deep transformation from "policy-driven" to "market-driven," with technological innovation and large-scale application becoming core competitiveness. In this context, how can enterprises seize industry opportunities and address unavoidable challenges? Faced with uncertain overseas geopolitical risks and the huge attraction of the international market, how can enterprises maximize their benefits? To explore these key issues, the 2025 (10th) New Energy Industry Expo, hosted by SMM Information & Technology Co., Ltd. (SMM), was grandly held at Hall F3-G3 of the Suzhou International Expo Center in Jiangsu from April 16-18, 2025. This exhibition covered four major exhibition areas, with over 1,300 domestic and overseas exhibitors and participants making a collective appearance! The event focused on the entire new energy industry chain, showcasing power batteries, ESS, raw materials, materials, equipment, mining, and battery recycling, providing a one-stop exhibition experience. This year's expo once again presented a feast of international, professional, trade-oriented, and innovative ideas and business cooperation for the entire industry, leading the new trends and innovation directions of the global new energy industry, and propelling the industry forward! During the exhibition, one academician & top-tier entrepreneur forum, one new energy industry forum, and 13 sub-forums were held. Government leaders, academicians from the Chinese Academy of Sciences and the Chinese Academy of Engineering, domestic and overseas scientists, foreign guests from dozens of countries, and leading entrepreneurs from various industries attended the event! Witness the gathering of industry leaders, discuss core technologies, listen to experts' insights, interpret market trends, gather in Suzhou, focus on key issues, and invite you to delve into industry development together. This conference included 15 forums such as the main forum, new energy industry special session, new energy mineral exploration and industry development forum, Invest in Poland·New Energy Strategy Forum, battery raw material forum, new energy battery material forum, battery auxiliary material forum, new energy PV ESS forum, international mining investment and development summit forum, lithium battery recycling forum, all-solid-state battery forward-looking technology forum, hydrogen energy industry development forum, overseas market forum, low-altitude economy forum, and the Suzhou Virtual Power Plant Ecosystem Forum (3rd), covering all aspects of the new energy industry chain, full of valuable content, and worth a look! This article is a live text broadcast of forums such as the main forum, new energy industry special session, new energy mineral exploration and industry development forum, and Invest in Poland·New Energy Strategy Forum. In addition, SMM will also provide full coverage of live pictures and videos, so stay tuned! Click to view the live video broadcast Click to view the live picture broadcast Click to view the special report of this conference Opening Speech Kang Yi, Former President of the China Nonferrous Metals Industry Association, Honorary Chairman of the Organizing Committee Fan Xin, Chairman of SMM, Chairman of the Organizing Committee Cao Zihai, Deputy General Manager of GFEX 09:00-09:30 Speech Topic: A Decade Review and Outlook of the New Energy Industry Guest Speaker: Logan Lu, CEO of SMM 09:30-10:05 Speech Topic: Breaking Boundaries·New Life—The Transformation of the New Energy Industry Driven by a Decade of Technological Leap Guest Speaker: Wang Zhenbo, Foreign Academician of the Russian Academy of Engineering, Second-Level Long-Term Professor and Doctoral Supervisor of Harbin Institute of Technology 10:05-10:30 Speech Topic: To Be Determined Guest Speaker: Tang Juxing, Academician of the Chinese Academy of Engineering, Vice President of the Chinese Academy of Geological Sciences 10:30-11:05 Speech Topic: Critical Minerals Are the Important Material Foundation of the New Energy Era Guest Speaker: Chen Jinghe, Chairman of Zijin Mining Group Co., Ltd. 11:05-11:25 Speech Topic: Focusing on Sustainable Development, Practicing Long-Termism Guest Speaker: Li Liangbin, Chairman of Jiangxi Ganfeng Lithium Group Co., Ltd. 11:25-11:45 New Energy Industry Special Session CEO Roundtable Forum—The Innovation of the New Energy Industry Moderator: Yi Yanting, Vice President of SMM Guest Speakers: Yang Shunyi, General Manager of the Cathode Business Department of BTR New Material Group Co., Ltd. He Zhenyu, Deputy General Manager of Jiangsu Linyang Energy Co., Ltd. Li Shuli, Dean of the Research Institute of Guangzhou Great Power Energy & Technology Co., Ltd. Ma Jinpeng, President of the ESS Business Unit China of Ampace Technology Co., Ltd. 13:30-14:20 New Product Launch & Signing Ceremony: SMM-AUTODATAS Joint Release of the Bulk Material Cost Index for Vehicles Wang Jiliang, CEO of Shanghai Boqi Automotive Technology Co., Ltd. Logan Lu, CEO of SMM 14:20-14:40 Speech Topic: Financial Infrastructure Supports the High-Quality Development of the Nonferrous Metals Industry Guest Speaker: Hu Danzhou, Senior Manager of Business Department III, Shanghai Clearing House 14:40-15:00 Speech Topic: Cold Thinking in the Heat of the Low-Altitude Economy Guest Speaker: Liang Yuancong, Rotating Chairman of the Yangtze River Delta Automotive Technology Innovation Consortium 15:00-15:30 Speech Topic: Europe's Views and Challenges on Sustainable, Circular, and Safe Batteries Guest Speaker: Zhang Jing, PD Battery Expert, Automotive Parts, Henkel Adhesives 15:30-16:00 Roundtable Interview: How to Build a Globally Synergistic Battery Value Chain Moderator: Chen Bolin, LFP Material Analyst at SMM Guest Speakers: Anthony Tse, Founder of NEO Capital Hu Ruohan, Co-Founder of Organic Data Technology Aloysius Lim, Partner at Circulor Ermanno Vitali, CEO of FAAM China 16:00-17:00 New Energy Mineral Exploration and Industry Development Forum Opening Speech 09:00-09:10 Speech Topic: Main Types, Exploration Progress, New Challenges, and Opportunities of Energy Metal Minerals in China Guest Speaker: Wang Denghong, Director and Researcher of the Institute of Mineral Resources, Chinese Academy of Geological Sciences 09:10-09:40 Speech Topic: Demand and Outlook for New Energy Minerals in China Guest Speaker: Wang Anjian, Honorary Director, Chief Scientist, and Researcher of the Global Mineral Resources Strategy Research Center, Chinese Academy of Geological Sciences 09:40-10:10 Speech Topic: Mineral Resource Reserve Management and Risk Prevention Guest Speaker: Ju Jianhua, Former Director of the Mineral Resources Protection and Supervision Department of the Ministry of Natural Resources, Head of the China Mining Rights Appraisers Association, and Senior Researcher of the High-Level Advisory Center of the Ministry of Natural Resources 10:10-10:40 Speech Topic: Research Progress and Outlook on the Development and Utilization of Strategic Mineral Resources Guest Speaker: Chen Congxi, Former Director and Researcher of the Comprehensive Research Office of the Information Center of the Ministry of Natural Resources 10:40-11:10 Speech Topic: Formation and Enrichment Patterns of Helium Reservoirs in China and Prospects for Exploration and Development Guest Speaker: Li Jian, Chief Technical Expert of the PetroChina Exploration and Development Research Institute 11:10-11:40 Speech Topic: Metallogenic Theory and Prospecting of Lithium, Cobalt, and Nickel for New Energy Batteries Guest Speaker: Jiang Shaoyong, Director of the Collaborative Innovation Center for Critical Strategic Mineral Resources, China University of Geosciences (Wuhan), and Assistant to the President 11:40-12:10 Speech Topic: Distribution Patterns, Metallogenic Characteristics, and Exploration Directions of Nickel Resources in Western China Guest Speaker: Wang Ruiting, Deputy General Manager and Chief Engineer of Northwest Nonferrous Geological and Mining Group Co., Ltd. 13:30-14:00 Speech Topic: Rock and Mineral Analysis Testing Technology and Standard System for Strategic Minerals Guest Speaker: Qu Wenjun, Former Deputy Chief Geologist and Researcher of the National Research Center for Geoanalysis 14:00-14:30 Speech Topic: Prospecting and Resource Evaluation of High-Purity Quartz Raw Materials Guest Speaker: Wang Jiuyi, Deputy Director of the New Energy and New Materials Mineral Research Office, Institute of Mineral Resources, Chinese Academy of Geological Sciences 14:30-15:00 Roundtable Interview: Interpretation of the New Mineral Resources Law Moderator: Luan Zhengming Interview Experts: Ju Jianhua, Former Director of the Mineral Resources Protection and Supervision Department of the Ministry of Natural Resources, Head of the China Mining Rights Appraisers Association, and Senior Researcher of the High-Level Advisory Center of the Ministry of Natural Resources Chen Congxi, Former Director and Researcher of the Comprehensive Research Office of the Information Center of the Ministry of Natural Resources Chen Yuqing, Secretary General of the Collaborative Innovation Platform for China's Mineral Resources and Materials Application Yuren Law Firm 15:20-17:00 Signing Ceremony 17:00-17:20 Launch Ceremony of the 7th China Mining Industry Chain Conference 17:20-17:30 Invest in Poland·New Energy Strategy Forum Registration 13:00-13:30 Welcome Speech Pawel Pudlowski, Deputy Director of the Polish Investment and Trade Agency 13:30-13:40 Speech by the Organizer Representative Wang Yanchen, General Manager of SMM London Subsidiary 13:40-13:50 Speech Topic: Case Sharing of Chinese New Energy Enterprises Investing in Poland Guest Speakers: You Deliang, Chief Representative of the Polish Investment and Trade Agency in China Arkadiusz Tarnowski, Deputy Director of the Investment Department of the Polish Investment and Trade Agency 13:50-14:10 Speech Topic: Pomeranian Province—The European Gateway for Chinese Investors Guest Speaker: Mikołaj Trunin, Deputy Director of the Pomeranian Special Economic Zone, Poland 14:10-14:30 Speech Topic: Poland's EV Strategic Hub—Core Partner of the New Energy Vehicle Industry and Incubator for Battery Value Chain Growth Guest Speakers: Beata Białoń-Dudek, Director of Procurement and Supply Chain, EMP Poland EV Company Joanna Podkowa, Procurement Manager, EMP Poland EV Company 14:30-14:50 Speech Topic: Poland's Industrial Real Estate Market and Investment Process Guest Speakers: Daniel Kamiński, Senior Project Advisor, Colliers Poland Zofia Kilian, Senior Project Advisor, Colliers Poland 14:50-15:10 Closing Speech Speech Guest: You Deliang, Chief Representative of the Polish Investment and Trade Agency in China 15:10-15:30 International Cobalt Association Industry Salon Speech Topic: Exploring the Future of Cobalt: Market Insights, Decarbonization Strategies, and the Green Path Speech Topic: Global Cobalt Market Dynamics 2024-2025 Global Cobalt Market Overview, Market Prices, and Production; Opportunities and Challenges Coexist: 2025 Global Cobalt Supply and Demand Forecast; 2050 Sustainable Cobalt Production Goals: Long-Term Plan Outlook and the Key Role of Cobalt in the Global Supply Chain. The Decarbonization Path of Cobalt Cobalt Products Carbon Footprint Methodology: Analyzing the Environmental Impact in the Production Process and Standardizing Carbon Emission Calculations Decarbonization Strategies: Focusing on China as an Example, Exploring Optimization Strategies for Reducing Carbon Emissions in the Cobalt Supply Chain. Guest Speakers: Marina Demidova, Head of External Affairs, Cobalt Institute Tom Fairlie, Senior Battery and Sustainability Manager, Cobalt Institute Discussion Topics: Cobalt Sourcing: Responsible Traceability Geopolitical Trends: Analyzing How Global Political and Trade Situations Affect the Cobalt Market Relevant Regulations: Summarizing Key Regulations Impacting the Cobalt Industry, from International Trade Policies to Environmental Standards Responsible Sourcing and Sustainable Development: The Importance of Ethical Traceability Practices to Ensure a Sustainable Cobalt Supply Chain and Mitigate Production Risks. 16:00-17:30 Q&A Session An Interactive Session Where Participants Ask Questions, Share Insights, and Discuss with Guest Speakers: Focusing on the Challenges, Opportunities, and Uncertainties Facing the Cobalt Market 16:00-17:30 New Energy Expo Theme Dinner SMM Tier1 Excellent Supplier Awards Ceremony 18:00-20:30 Registration Click to View More Highlights Click to View the Special Report on the 2025 (10th) New Energy Industry Expo

Zijin Mining Group: 2024 Net Profit Up 52% YoY, Resource Reserves, Production, and Operating Metrics of Key Minerals Such as Copper and Gold Hit Record Highs. Amid the soaring prices of gold and copper, Zijin Mining Group Co., Ltd. released its 2024 annual performance report on the evening of March 21. The resource reserves, production, and operating metrics of key minerals such as copper and gold reached new historical highs, with a net profit attributable to the parent company of 32.1 billion yuan, up 52% YoY. Zijin Mining plans to implement a 2024 annual cash dividend of 7.44 billion yuan, combined with the already completed semi-annual cash dividend of 2.66 billion yuan.

Zijin Mining Group Co. issued an announcement that on May 14, 2023, Fujian Xingwanxiang Construction Group Co. an outsourcing unit of Zijin Mining Group Tibet Julong Copper (hereinafter referred to as "Julong"), had a hanging cage falling accident during the construction of the shaft project related to the drainage roadway of the open-pit mining site of the Julong Copper-polymetallic Mine.