Jinchuan Group Co., Ltd. ranked 339th in the list of 2022 Fortune Global 500 companies, with an operating revenue of $40.96 billion and net profit of $964.9 million, according to the list released by US business magazine Fortune on Aug 3.
Mine Engineering Co., Ltd., a subsidiary of Jinchuan Group Engineering and Construction Co., Ltd., achieved a monthly construction footage of more than 130 meters in its Musonoi Project in the Democratic Republic of the Congo (DRC), setting a new record.
The middle section of the 400 mining level rail haulage has successfully connected the combined shaft with the 1# return air shaft on May 13, according to the Musonoi project of Metorex Limited, a subsidiary of Jinchuan Group.
Kinsenda Copper Company of Metorex Limited, a subsidiary of Jinchuan Group Co Ltd, recently established its first comprehensive beneficiation laboratory, which has started small tests of grinding and flotation, in a bid to optimize various technical indicators in mineral processing and production.
Kinsenda Copper Company of Metorex Limited, a subsidiary of Jinchuan Group Co Ltd, signed development agreements with three local communities on March 30, a move to boost economic development in the Democratic Republic of the Congo (DRC) and implement its mining governance policies.
The second phase of Jinchuan Group's 5,000-metric-ton cobalt production line expansion and transformation project has started trial production.