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Jinchuan’s efforts in promoting Belt and Road construction

Updated : February 24, 2023

PT. Wanatiara Persada's lateritic nickel ore project is the first overseas project completely designed and constructed by Jinchuan Group since the company implemented its international operations. In November 2019, the first ship of ferronickel was successfully sold and all production and operation processes were completed. The completion of the project has provided over 2,000 jobs for the local people and promoted the development of the local economy. Over 6 million yuan has been donated to local religious beliefs, cultural dissemination, villagers' health, early education, planting and breeding and other public welfare activities. The project has also been listed by the National Development and Reform Commission as a key project of international production capacity cooperation between China and Indonesia under the Belt and Road initiative, and won the 2019 award for overseas image building of Chinese enterprises in the "7th Chinese Enterprise Overseas Image Summit".

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Aerial view of PT. Wanatiara Persada's lateritic nickel ore project. [Photo provided to en.jnmc.com]

In addition, the Kinsenda Copper Company achieved improvements in its mining and beneficiation capacity in 2022, with all production technical indicators hitting new records. Over the years, while promoting project construction, the company has also taken action to support local social and economic construction. Over 1,600 jobs have been provided, and $19.04 million invested in the local community. Its 500-hectare farm not only provides food for employees and their families free of charge every year, but also provides technical guidance and agricultural training for nearby communities, providing an important guarantee for the food security of local residents.

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Kinsenda copper mine in the Democratic Republic of the Congo [Photo provided to en.jnmc.com]

From PT. Wanatiara Persada's lateritic nickel ore project to the Kinsenda copper mine project of Metorex Limited, Jinchuan Group has been actively shouldering its corresponding social responsibilities, making efforts in public welfare projects and playing a crucial role in improving local people's livelihoods, promoting coordinated development and conducting cultural exchanges.

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The sewage treatment plant of Ruashi Mine under Metorex Limited [Photo provided to en.jnmc.com]

To further give full play to the role of a State-owned enterprise, Jinchuan Group has set up a domestic investment platform and a global trade center in Beijing and Shanghai, an overseas offshore financing business and overseas asset holding platform in Hong Kong, overseas trade business platforms in Australia, Hong Kong, Singapore and other places, and established the first overseas listing platform in Gansu province.

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The Musonoi Project of Metorex Limited [Photo provided to en.jnmc.com]

The report to the 20th CPC National Congress has highlighted the importance of the high-quality development of the Belt and Road. Jinchuan Group will continue to promote its upgrade from "business internationalization" to "company internationalization", and strive to build a world-class enterprise.

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