Zhongjin Lingnan
 | |
| Company type | Public |
|---|---|
| SZSE: 000060 | |
| Industry | Non-ferrous metals |
| Founded | 1984 |
| Headquarters | , |
Key people | Ma Jianhua (Interim Chairman), Wu Shenghui (Executive Director & Party Secretary), Yu Gang (President)[1] |
| Products | Zinc, lead, copper, silver, nickel; minor real-estate operations[2] |
| Revenue | ¥26.87 billion (2023)[3] |
| ¥1.31 billion (2023)[3] | |
| ¥597 million (2023)[3] | |
| Total assets | ¥35.42 billion (2023)[3] |
| Total equity | ¥15.77 billion (2023)[3] |
| Owner | Guangdong Rising Assets Management ≈ 36 %, China Securities Finance ≈ 3 %, National Social Security Fund ≈ 2 %[4] |
| Website | www |
Zhongjin Lingnan Nonfemet Company Limited (Chinese: 中金岭南有色金属股份有限公司) is a Chinese mining and metallurgy group headquartered in Shenzhen, Guangdong.[5] It carries out integrated mining, beneficiation, smelting and trading of non-ferrous metals—chiefly zinc and lead—with by-products such as copper, silver, indium and sulfuric acid.[2]
Its A-shares have traded on the Shenzhen Stock Exchange since 23 January 1997 under ticker SZSE: 000060.[6]
History
[edit]Zhongjin Lingnan was founded in 1984 during China’s non-ferrous sector restructuring and initially operated under the China National Non-ferrous Metals Industry Corp.[6] After that corporation’s dissolution in 1998, control passed to the Guangdong provincial government via its investment arm, Guangdong Rising Assets Management (GRAM), which remains the majority shareholder.[4]
Overseas expansion
[edit]- Australia – In February 2009 Australia approved Zhongjin Lingnan’s purchase of a 50.1 % stake in Perilya Limited, owner of the historic Broken Hill lead-zinc-silver mine.[7] Zhongjin acquired the remaining shares in December 2013, gaining full ownership.[8]
- Canada – Guangdong government reports list Zhongjin Lingnan among provincial mining firms entering Canadian exploration joint ventures in 2013.[9]
Industry coordination
[edit]In November 2015 Zhongjin Lingnan joined nine other major Chinese zinc smelters in pledging to cut refined-zinc output by 500 000 t in 2016.[10]
Operations
[edit]- Mining and smelting – Core assets include the Shaoguan lead-zinc smelter in Guangdong and, via Perilya, the Broken Hill South and Potosi mines in New South Wales.[11]
- International assets – Perilya also controls base-metal mines in the Dominican Republic and holds earlier-stage zinc-lead projects in Canada.[8]
- Real-estate and logistics – The group retains small property-development and logistics businesses inherited from earlier diversification.[3]
In 2023 the company’s mines produced about 1.05 million t of zinc-lead concentrate, while its smelters produced roughly 92 000 t of refined zinc.[3]
References
[edit]- ^ "Board & Management – Zhongjin Lingnan". Archived from the original on 31 May 2024. Retrieved 31 May 2025.
- ^ a b "中金岭南 – 公司资料" (in Chinese). Archived from the original on 31 May 2024. Retrieved 31 May 2025.
- ^ a b c d e f g "2023 Annual Report" (PDF) (in Chinese). Zhongjin Lingnan. 25 Apr 2024. Archived (PDF) from the original on 31 May 2024. Retrieved 31 May 2025.
- ^ "公司简介". Guangdong Rising Holdings (in Chinese). 20 Feb 2025. Archived from the original on 31 May 2024. Retrieved 31 May 2025.
- ^ a b "中金岭南 2013 年度报告" (PDF). Shenzhen Stock Exchange (in Chinese). Mar 2014. Archived (PDF) from the original on 31 May 2024. Retrieved 31 May 2025.
- ^ "Australia clears China's Zhongjin Lingnan stake in Perilya". Reuters. 5 Feb 2009. Archived from the original on 31 May 2024. Retrieved 31 May 2025.
- ^ a b "China's Zhongjin Lingnan moves to take full control of Perilya". Mining.com. 4 Sep 2013. Archived from the original on 31 May 2024. Retrieved 31 May 2025.
- ^ "Guangdong mining companies eye Canada for copper and zinc projects". Government of British Columbia. Aug 2015. Archived from the original on 31 May 2024. Retrieved 31 May 2025.
- ^ "China zinc smelters to cut 500,000 T of output in 2016". Reuters. 20 Nov 2015. Archived from the original on 31 May 2024. Retrieved 31 May 2025.
- ^ "Broken Hill Operations". Perilya. Archived from the original on 31 May 2024. Retrieved 31 May 2025.
