Jiangxi Copper

Jiangxi Copper Company Limited is one of China's largest integrated copper producers and a major enterprise in the country's non-ferrous-metals industry. Its business covers the principal stages of the copper value chain: exploration and mining, mineral processing, smelting, refining, fabrication, metals trading, and selected financial services connected with industrial operations. The company is headquartered in Nanchang in Jiangxi Province and operates as a key listed subsidiary of Jiangxi Copper Corporation, a Chinese state-owned enterprise. The company's industrial base is centered on large-scale copper resources and processing facilities in China. Its best-known mining asset is the Dexing Copper Mine in Jiangxi, one of China's largest open-pit copper mines. Copper production is supplemented by valuable by-products, including gold and other metals recovered during processing. Jiangxi Copper's Guixi Smelter, located in Jiangxi near its principal mining operations, is described as the world's only copper smelting facility with annual capacity above one million tonnes at a single plant. The complex uses highly automated systems for material handling and for the transportation and inspection of anode and cathode plates. Jiangxi Copper's product portfolio extends beyond refined copper. Its output includes copper cathodes, copper rods, wires, and foils; precious metals such as gold and silver; platinum-group metals; minor and rare metals including molybdenum, selenium, rhenium, tellurium, and bismuth; and chemical products such as sulfuric acid and sulfur concentrate. These products allow the company to serve industrial customers in electrical, construction, manufacturing, chemicals, electronics, and other materials-intensive sectors. The company was founded in 1979 and was restructured before becoming listed on the Shanghai Stock Exchange in 1997. Its Shanghai listing trades under 600362, while the company is also listed in Hong Kong under 358. Over time, Jiangxi Copper expanded from a principally domestic mining and smelting business into a broader integrated metals group. It has pursued international commercial activity and minority investments, including a strategic shareholding in First Quantum Minerals and an increased stake in SolGold reported in 2024. Jiangxi Copper's positioning is based on scale, vertical integration, access to copper resources, high-volume refining, and the recovery of multiple metals from the same ore streams. Unlike a narrowly defined copper-mining brand, it combines upstream resource ownership with major smelting, refining, fabrication, trading, and support activities. Its international role is therefore expressed both through overseas investments and through the cross-border sale of copper and related materials. The company remains active, with its principal identity tied to China's copper supply chain and its broader role tied to the global non-ferrous-metals market.

Jiangxi Copper was established in 1979 in Jiangxi Province, a region with an important base of copper resources and non-ferrous-metals processing. The company developed around the integrated exploitation and processing of copper ore, with its activities eventually extending from mining and concentration into smelting, refining, fabrication, by-product recovery, and commercial distribution. This integrated structure became central to its identity: rather than relying only on a mining operation or only on a smelter, Jiangxi Copper linked resource extraction with large-scale downstream treatment. The Dexing Copper Mine became the principal symbol of the company's upstream industrial position. Located in Jiangxi, Dexing is one of China's largest open-pit copper mines. In addition to copper, the ore contains recoverable quantities of gold and other metals. The ability to produce several metals from a common mining and processing system has helped Jiangxi Copper participate in both the base-metals and precious-metals markets. The mine is connected to a wider regional production system that includes mineral processing and the Guixi smelting complex. Jiangxi Copper was restructured and listed on the Shanghai Stock Exchange in 1997. The listing gave the operating company access to public capital and established it as a major listed participant in China's non-ferrous-metals sector. The company also has a Hong Kong listing under stock code 358. Following its listing, Jiangxi Copper expanded its production, processing, trading, and investment activities while remaining closely associated with Jiangxi Copper Corporation, its state-owned parent group. The Guixi Smelter became another defining asset. The facility is described as the only copper smelting plant in the world with annual production capacity exceeding one million tonnes at a single plant. Its scale is matched by extensive automation, including systems for transporting and inspecting anode and cathode plates. This capability supports the company's role in producing refined copper at high volume and in supplying standardized metal to industrial and commercial customers. Over time, Jiangxi Copper broadened its product range. In addition to cathodes, it developed or marketed copper rods, wires, foils, and other processed materials. Its metallurgical operations also recover gold, silver, platinum, palladium, and several minor or rare metals, including molybdenum, selenium, rhenium, tellurium, and bismuth. Sulfur-bearing outputs from smelting are used in chemical products such as sulfuric acid and sulfur concentrate. The resulting portfolio reduces the company's dependence on a single saleable product and connects its operations to electrical, construction, chemical, manufacturing, and electronics supply chains. The group also developed activities outside direct production. Metals trading supports the movement of copper and related products to customers in China and overseas markets, including Hong Kong, Taiwan, Australia, and Thailand. Financial services, such as internal financing, settlement, and investment activities associated with the core business, form an additional support line. Internationally, Jiangxi Copper has used minority investments to obtain exposure to overseas copper projects and producers. Its reported increase of the SolGold stake to 12.2% in 2024, as well as its strategic shareholding in First Quantum Minerals, illustrates this approach. Today, Jiangxi Copper is characterized by the combination of domestic resource assets, very large-scale smelting and refining, diversified metal recovery, downstream copper products, trading, and international investment relationships. Its development reflects the wider industrialization of China's copper sector: a move from separate mining and processing activities toward vertically integrated groups capable of supplying refined metal and specialized materials at national and international scale.

• 2024

  SolGold stake increased

  [1]Jiangxi Copper - Wikipediaen.wikipedia.org

  Jiangxi Copper reportedly raised its SolGold holding to 12.2%, with an investment of approximately US$18 million.

• 2023

  Dexing produced gold as a copper-mining by-product

  [1]Jiangxi Copper - Wikipediaen.wikipedia.org

  The Dexing Copper Mine was reported to have produced an estimated 165,230 ounces of gold during 2023 alongside its copper output.

• 1997

  Restructured and listed in Shanghai

  [1]Jiangxi Copper - Wikipediaen.wikipedia.org

  The company was restructured and listed on the Shanghai Stock Exchange under stock code 600362.

• 1979

  Company founded

  [1]Jiangxi Copper - Wikipediaen.wikipedia.org

  Jiangxi Copper was established in Jiangxi Province, beginning the corporate history that later developed into an integrated copper and non-ferrous-metals group.

• Guixi Smelter expanded into a world-scale facility

  [1]Jiangxi Copper - Wikipediaen.wikipedia.org

  The Guixi Smelter developed into a facility with annual production capacity above one million tonnes at a single plant and extensive automation in anode and cathode handling and inspection.

A large, vertically integrated Chinese copper and non-ferrous-metals group spanning mining, smelting, refining, fabrication, trading, and related financial services.

• Refined copper

  Copper cathodes

  Copper cathodes are a principal refined-metal output of Jiangxi Copper's mining, smelting, and refining system. They are produced for industrial customers and serve as a standard feedstock for downstream copper fabrication, including rod, wire, foil, and other semi-finished products.

• Copper fabrication

  Copper rods, wires, and foils

  These downstream products extend Jiangxi Copper beyond the sale of refined cathode. Copper rods and wires support electrical and industrial applications, while copper foil serves more specialized manufacturing and electronics uses. They represent the group's effort to capture value in processed copper materials.

• Precious metals

  Gold and silver

  Gold and silver are recovered as valuable by-products of Jiangxi Copper's copper-mining and metallurgical operations. The Dexing mine is specifically associated with significant gold production, while refining operations support the recovery and marketing of precious metals alongside base-metal output.

• Specialty metals

  Minor and rare metals

  The company produces or recovers a range of minor and rare metals from its ore and smelting streams, including molybdenum, selenium, rhenium, tellurium, and bismuth. These materials serve specialized industrial, metallurgical, chemical, and technology-related applications.

• Chemical products

  Sulfuric acid and sulfur concentrate

  Sulfur-bearing materials generated during copper smelting are processed into chemical products including sulfuric acid and sulfur concentrate. These outputs provide an important complementary business line and connect the smelting complex with industrial chemical markets.

• Mining operation

  Dexing Copper Mine

  The Dexing Copper Mine is one of China's largest open-pit copper mines and a core upstream asset. It supplies copper-bearing ore for processing and also produces gold and other recoverable metals as by-products. The mine anchors Jiangxi Copper's integrated regional production network.

• Smelting and refining

  Guixi Smelter

  The Guixi Smelter is Jiangxi Copper's flagship metallurgical facility. It is described as the world's only single copper-smelting plant with annual capacity above one million tonnes and uses automated systems for anode and cathode plate transportation and quality inspection.

• 2012

  Heavy metal pollution at Dexing Copper Mine and other sites

  A Xinhua investigation reported that Jiangxi Copper's Dexing Copper Mine and other mining areas had long discharged wastewater containing heavy metals; farmland and drinking water in the Le'an River basin were polluted, villagers' health along the river was affected, and the situation was called "the pain of Jiangxi Copper pollution." Environmental authorities announced penalties; the company rectified and compensated.

  Source

Read more

• 2024

  Increase of SolGold investmentM&A

  Background

  Jiangxi Copper used an overseas minority investment to expand its exposure to international copper resources and development projects.

  Action taken

  The company increased its stake in SolGold to 12.2%, reportedly investing approximately US$18 million.

  Aftermath

  The transaction strengthened Jiangxi Copper's relationship with an international copper-development company, although the available reference material does not describe later operating or financial results.

  Investment amount. Approximately US$18 million invested (2024)

  Source

1. 1Jiangxi Copper - Wikipediaen.wikipedia.org
2. 2Jiangxi Copper official websitejxcc.com
3. 3江西铜业集团有限公司官网jxcc.com
4. 4公司简介 - 江铜jxcc.com
5. 5发展历程 - 江铜jxcc.com
6. 6业务领域 - 江铜jxcc.com
7. 7Jiangxi Copper Company Limited - Wikidatawikidata.org
8. 8江西铜业股份 - 维基百科zh.wikipedia.org
9. 9Heavy metal pollution at Dexing Copper Mine and other sitesxinhuanet.com
10. 10Heavy metal pollution at Dexing Copper Mine and other sitesjjckb.xinhuanet.com