Zijin Mining 2025 Report: Zinc Output Down, Smelting Up, Bisha and Wulagen Mines Plan Increased Production

Published: Mar 31, 2026 15:07

Save

Zijin Mining released its 2025 annual report. The report showed that in 2025, the company’s mines produced 357,453 mt of zinc in zinc concentrates, down 12.19% YoY (same period last year: 407,077 mt); smelting output of zinc ingot was 397,679 mt, up 7.17% YoY (same period last year: 371,057 mt). Lead content in lead concentrates output was 41,065 mt, down 7.51% YoY (same period last year: 44,397 mt). Among them, the Bisha zinc mine produced 83,000 mt of ore-derived zinc and 23,000 mt of copper in 2025, and plans to produce 91,000 mt of ore-derived zinc and 30,000 mt of copper in 2026; Zijin Zinc’s Wulagen zinc (lead) mine produced 136,000 mt of ore-derived zinc and 20,000 mt of ore-derived lead in 2025, and plans to produce 134,000 mt of ore-derived zinc and 18,000 mt of ore-derived lead i

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Jun 20, 2026 21:19

General Administration of Customs: China's Copper Cathode Imports Rose 7.99% YoY in May, Breakdown of Import and Export Data

Jun 20, 2026 21:19

Jun 20, 2026 21:15

GACC: China's May Copper Ores and Concentrates Imports Down 1.74% YoY, Breakdown of Import and Export Data

Jun 20, 2026 21:15

Jun 20, 2026 11:19

Cobre Panama copper mine is deemed generally compliant and is expected to resume production.

Breaking News | SGS Audit Shows Cobre Panama Mine Compliance Rate Near 88%, Obstacles to Production Resumption Further Cleared On June 19, Panama's Ministry of Environment released the final audit report by Switzerland's SGS on First Quantum's Cobre Panama copper mine. The audit covered 370 commitments from 2019 to 2023, with an overall compliance rate of approximately 88%. Technical and operational standards scored the highest (90.20%), followed by environmental compliance. SGS pointed out that issues were concentrated in areas such as biodiversity management, and do not constitute structural deficiencies. According to SMM, maintenance of key equipment at the mine is proceeding normally. If the production resumption permit is granted, production is expected to resume at a relatively fast pace. The mine has been suspended since November 2023, with an annual capacity of approximately 350,000 mt of copper. The Panamanian government has established a cross-departmental working group to evaluate subsequent decisions.

Jun 20, 2026 11:19