China Nonferrous Mining Estimates Profit Attributable to Shareholders at Approximately $356 Million for the First Three Quarters, Up About 13% Year-on-Year

Deep News
2025/10/27

China Nonferrous Mining (01258) announced that for the nine months ending September 30, 2025, the group expects to achieve a profit attributable to shareholders of approximately $356 million, reflecting a year-on-year increase of about 13%. The primary reasons for the growth in economic indicators are attributed to rising international copper prices and an increase in both the sales volume and output of cathode copper compared to the previous year.

For the nine months ending September 30, 2025, the group reported: cumulative production of cathode copper (including copper product processing services) of approximately 107,700 tons, an increase of about 12% year-on-year, accomplishing about 77% of the annual production guidance; of which, the self-owned mines produced approximately 63,900 tons of cathode copper, remaining relatively stable compared to the same period last year; cumulative production of blister and anode copper (including copper product processing services) of approximately 307,600 tons, marking a year-on-year increase of about 7%, also meeting about 77% of the annual production guidance; of which, self-owned mines produced approximately 54,200 tons of blister and anode copper, a decrease of about 6% year-on-year; cumulative production of sulfuric acid amounted to approximately 788,300 tons, up about 2% year-on-year, achieving about 79% of the annual production guidance; cumulative production of cobalt hydroxide containing cobalt was approximately 676 tons, dropping approximately 12% year-on-year and reaching about 75% of the annual production guidance; and cumulative production of liquid sulfur dioxide was approximately 1,442 tons, a significant decrease of about 90% year-on-year, achieving only about 14% of the annual production guidance.

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