Jiangxi Copper to buy Humon smelting ops to regain top spot in China

March 05, 2019 / www.metalbulletin.com / Article Link

Jiangxi Copper plans to buy a controlling stake in major copper, silver and lead smelter Yantai Humon Group, the Chinese copper giant said in a filing to the Shanghai Stock Exchange (SSE) on Monday March 4.

If finalized, the purchase will see Jiangxi Copper regain its top position as the Chinese largest copper producer in terms of capacity - approximately 1.73 million tonnes of annual copper capacity - surpassing the 1.35 million tonnes capacity of Tongling Nonferrous as well as Yunnan Copper's 1.3 million tonnes, according to Fastmarkets calculations. Jiangxi's surprising acquisition notice comes just two...

Recent News

Copper market distortions driven by new US tariff policies

July 28, 2025 / www.canadianminingreport.com

Gold stocks up even as metal pulls back

July 28, 2025 / www.canadianminingreport.com

Gold stocks down as markets continue to new highs

July 21, 2025 / www.canadianminingreport.com

TSXV Top 20 Gold market cap shifts away from exploration

July 21, 2025 / www.canadianminingreport.com

Many new players enter TSXV gold Top 25 by market cap

July 14, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok