The Shanghai Municipal Commission of Commerce recently announced the list of recognized trade-based headquarters companies for the year of 2023, seeing Jinchuan Group Trading Co., Ltd. and 40 other prestigious Shanghai enterprises making the list.
Known as the "capital of nickel", Jinchang city in Gansu province also boasts abundant copper resources. Jinchuan Group, a leading State-owned enterprise, has vigorously developed and upgraded its copper industry from basic industrial raw materials to high-precision and innovative copper products.
In 2023, Jinchuan Group achieved excellent accomplishments with an operating income reaching 353 billion yuan ($49.21 billion) and an industrial total output value of 253 billion yuan, ranking 289th on the Fortune Global 500 list.
The electrical and production departments of Metorex (Pty) Ltd. Ruashi Mining have collaborated to deeply realize technological innovation and process refinement, providing power assurance to achieve production goals.
On Jan 16, Jinchuan Group held a review meeting for the implementation plan of its smart mine construction.
Recently, Jinchuan Group successfully acquired a controlling stake in the second-largest nickel mine in China - the Xiarihamu Nickel Mine, gaining the leading development rights for the mine.
Jinchuan Group Nickel Salts Co., Ltd., which converts crude raw materials into precursor materials, has realized the production of important raw materials, such as nickel sulfate, for ternary battery materials.
On Jan 3, Jinchuan Group signed a cooperation agreement with Wu Aixiang, an academician of the Chinese Academy of Engineering and professor at the University of Science and Technology in Beijing, to establish the Jinchuan Group Academician Expert Workstation.
