ZIJMF - Zijin Mining Sets Ambitious 50% Growth Target For Copper Production By 2028 | Benzinga
Chinese mining leader Zijin Mining Group (OTCPK: ZIJMF) announced an upward revision of its copper production targets for 2025 in response to soaring copper prices.
The company now aims to produce 1.22 million tons of copper next year, a 4% increase over its previous goal. This adjustment comes as Zijin positions itself to capitalize on the metal's price surge, which has reached historic highs due to anticipated supply shortages.
According to Bloomberg's report, the state-owned miner has ambitious plans to significantly boost its copper output by 2028. It targets production levels between 1.5 and 1.6 million tons, representing a 50% increase from its 2023 figures. This substantial increase will be driven by enhanced capacity at key projects, including the Julong copper project in Tibet, which is expected to become one of the world's largest copper mines.
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