Zijin Mining Group Co., Ltd. (“Zijin” or the “Company”) announced that its board of directors approved the Three-Year (2026–2028) Major Mineral Products Production Volume Plan and Outline of Long-range Objective Through 2035. According to the official information, Zijin plans to further enhance production volumes of key minerals from 2026 to 2028 and solidify a global operational scope by 2035.
Zijin indicated that from 2023 to 2025, the Company exceeded its targets despite challenges in the global environment, with major economic indicators significantly improving and market capitalization surpassing RMB1.1 trillion at its peak in January 2026. In 2025, Zijin’s operating income was approximately RMB345.0 billion, while profit before tax was about RMB80.0 billion, both reflecting significant growth compared to 2022.
The newly approved targets propose that by 2028, Zijin’s comprehensive indicators, including resource reserves and production volumes, should further climb in global rankings. It aims to make the top three globally in the production of copper and gold. By 2035, Zijin aspires to become a “green, high-tech, leading global mining company,” with certain indicators potentially ranking first worldwide.
Key indicators for 2026 and 2028 show plans to lift mine-produced gold output from 90 tonnes in 2025 to 105 tonnes in 2026 and 130–140 tonnes in 2028. Mine-produced copper output is set to rise from 1.09 million tonnes in 2025 to 1.20 million tonnes in 2026 and 1.50–1.60 million tonnes by 2028. The Company also targets higher outputs in silver, lithium carbonate equivalent, and molybdenum.
Zijin’s strategies involve continuously prioritizing resource acquisition—for copper, gold, and lithium—through international expansion, mergers and acquisitions, and self-driven exploration. It aims to accelerate capacity release at key projects, including the Julong Copper Mine in Tibet, the Kamoa-Kakula Copper Mine in the Democratic Republic of the Congo, and major gold mines across multiple countries. Further, the Company plans to strengthen global talent recruitment and improve an integrated operational management system to address challenges such as complex geopolitical risks and the shortage of globalized professionals.
Zijin emphasizes technology-driven development, rolling out an innovative mining engineering management model, and advancing digitalization to enhance global competitiveness. The plan also highlights improved ESG performance, implementation of safety management systems, green mine development, and robust corporate governance at the international standard.
Zijin reiterated that the forward-looking statements in its plan are subject to uncertainties in the macroeconomic environment, policy changes, product market prices, project progress, and other factors. The board recommended exercising caution in investment decisions and pointed out that adjustments may occur based on future development needs.