On August 5, CHINFMINING rose 3.63% in regular trading, trading at HKD 15.56/share, with turnover of approximately HKD 19.39 million.

On the news front, global copper mine supply disruptions continue to intensify. Institutions noted that insufficient capital expenditure in copper mining may shift the supply-demand balance from tight equilibrium toward outright shortage, supporting a medium-to-long-term upward trajectory for copper prices. Meanwhile, the company previously issued a positive profit alert, forecasting attributable profit of approximately USD 420 million for the six months ended June 30, representing a year-over-year increase of approximately 60%. The board attributed the significant earnings growth primarily to rising international copper prices and higher sulfuric acid prices during the period.

CHINFMINING is principally engaged in copper and cobalt metal exploration, mining, mineral processing, hydrometallurgical and pyrometallurgical smelting, as well as the sale of cathode copper, blister copper, anode copper, copper-cobalt alloy, cobalt hydroxide, and sulfuric acid.

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