Key players in Chinese nonferrous metals industry, including Chalco, JCC and Zijin reap huge profits in H1 2025

Zijin Mining Reports H1 2025 Net Income Attributable to Shareholders of the Parent Company at 23.3 Billion Yuan, Up 54% YoY

On August 26, Zijin Mining Group Co., Ltd. (hereinafter referred to as "Zijin Mining") released its 2025 semi-annual report. The company achieved both volume and price increases for its main mineral products in H1, with key performance indicators hitting record highs. As one of the global top metal miners with the fastest profit growth, it generated revenue of 167.7 billion yuan and net profit attributable to shareholders of the parent company at 23.3 billion yuan, up 11.5% and 54.4% YoY, respectively.

Behind Zijin Mining’s sustained high growth lies not only the simultaneous rise in output and prices of mineral products but also resilient growth and long-term value realization driven by continuously improving operational efficiency.

Taking mined copper as an example, the rapid commissioning of three world-class copper mines in recent years has propelled Zijin Mining into the ranks of global top copper producers, surpassing the 1 million mt threshold. In H1, the company produced 570,000 mt of mined copper, up over 9% YoY. In H2, the second phase of the Julong Copper Mine in Tibet is expected to be completed and put into operation by year-end. The Kamoa-Kakula Copper Mine’s supporting smelter, Africa’s largest copper smelter, is about to be completed, with an annual capacity of 500,000 mt of copper anode upon reaching full production. Other key projects, such as the lower zone of the Cukaru Peki Copper Mine in Serbia and the Duobaoshan Copper Mine in Heilongjiang, are also accelerating.

In the gold sector, Zijin Mining seized the opportunity of high gold prices to boost output, with mined gold production rising 16% YoY to 41 mt in H1.

Chalco Reports H1 2025 Profit Exceeding 10 Billion Yuan

On August 27, Aluminum Corporation of China Limited (hereinafter referred to as "Chalco") released its 2025 interim results. The report shows that Chalco maintained strong momentum for high-quality development in H1, with record-high output and profit indicators for the same period historically. Production of alumina, primary aluminum, and fine alumina increased by 4.88%, 9.37%, and 0.48% YoY, respectively, while revenue reached 116.392 billion yuan, with total profit of 13.247 billion yuan and net profit attributable to shareholders of the parent company at 7.071 billion yuan. The steady growth in operating performance was primarily driven by key initiatives such as operational excellence and technological innovation, demonstrating Chalco’s resilience in navigating complex environments and the effectiveness of its strategic transformation.

JCC Group Delivers Stellar Semi-Annual Results with H1 Revenue of 266.2 Billion Yuan, Up 12.99% YoY

Recently, JCC Group released its semi-annual report. From January to June, the group achieved revenue of 266.2 billion yuan, up 12.99% YoY, marking its best-ever performance for the same period. Output of copper cathode, semi-finished copper products, gold, silver, and copper concentrates all exceeded targets. This reflects JCC Group’s resilience and progress against headwinds in H1, achieving stable and quality growth. Currently, JCC is firmly anchored to its goal of "building a world-class enterprise with global core competitiveness," demonstrating robust development momentum and stronger internal drivers.

Please note that thesse contents are originally sourced from the Chinese contents on cnmn.com and translated by SMM