Jinchuan Group's nickel alloy production line [Photo by Zhang Juncheng]
Accelerate the construction of a new pattern of industrial development
At present, the nickel-cobalt industry has reached a crucial stage of development, with key minerals such as nickel, cobalt, manganese, and zinc playing an important role in energy transformation. For Jinchuan Group, there are vast domestic and international markets, as well as unprecedented challenges.
In 2023, a number of major projects spanning the nickel-cobalt, new energy, and new materials industries were completed and put into operation by Jinchuan Group. At the same time, the company has seized the opportunities presented by the Belt and Road initiative, actively explored both international and domestic markets.
A series of major exhibitions held in 2023 saw the participation of Jinchuan Group, including the 29th China Lanzhou Investment and Trade Fair, Fujian and Guangdong’s investment promotion events, as well as the 6th China International Import Expo in Shanghai. Six strategic cooperation agreements and four investment promotion project agreements were signed, with a total contract amount of 1.18 billion yuan.
In 2023, Jinchuan Group was expected to produce 2.8 million tons of non-ferrous metals and deep-processed products, representing a year-on-year growth of 20.2 percent; achieve operating revenue of 353 billion yuan, a year-on-year increase of 6.07 percent; and realize profits of 10.8 billion yuan, a year-on-year increase of 1.31 percent.
The company ranked 289th on the Fortune Global 500 list and 85th on 2023 Fortune China 500 list in 2023.
