China Chengtun Mining Targets Building Global Industry Chain with Focus Narrowing to Lead and Zinc

SHANGHAI, Jul. 6 (SMM) – China's Chengtun Mining Group is now devoting itself to building global industry chains with focus on lead, zinc and gold, based on finance.qq.com.   

The company owns five nonferrous metal miners at present, namely Inner Mongolia Yinxin Mining, Fengchi Mining, Yunnan Xinsheng Mining Industry Development, Xingan Aima Mining and Guizhou Huajin Mining.

Total discovered lead and zinc reserves at the five miners reach 46.1 million tonnes with design capacity of 1.79 million tonnes per year, respectively up 95,900 tonnes and 80,000 tonnes per year on the yearly basis.

The five mining companies have a total annual actual capacity of about 700,000 tonnes, of which 354,900 tonnes was contributed by Xingan Aima Mining and the rest 344,300 tonnes by Inner Mongolia Yinxin Mining. The remaining three miners are under construction or enter technical upgrade phase. Major minerals at Guizhou Huajin Mining will be gold.

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