Zijin Mining Group Co., Ltd. Class A · SSE:601899
Zijin Mining Group Co., Ltd. Class A — FY2025 Earnings Presentation
18 slides from Zijin Mining Group Co., Ltd. Class A's earnings presentation, March 2026
Slide 1: 2025 Annual Results
2025 Annual Results March 2026
Slide 2: Section 1 Financial Review
Section 1 Financial Review
Slide 3: Key Financial and Indicators Review
Key Financial and Indicators Review Revenue (RMB Bn) EBITDA (RMB Bn) Profit Before Tax (RMB Bn) Net Profit (RMB Bn) Gross Profit Contribution +15% YoY +60% YoY +68% YoY +62% YoY by Mineral Products 349.1 101.4 80.8 63.8 293.4 303.6 63.2 48.1 39.4 46.5 26.5 Gold Copper 31.3 40.89% 34.49% 2023 2024 20
Slide 4: Our Industry Position in Mine-produced Gold Segment
Our Industry Position in Mine-produced Gold Segment n Zijin Mining is a member of the World Gold Council and is committed to responsible gold mining practices. The Company's gold resources and production volume rank among the top in major listed mining companies in China, and within the top five glo
Slide 5: Mine-produced Gold: Production Volume, Costs and Unit Price
Mine-produced Gold: Production Volume, Costs and Unit Price n In 2025, Zijin Mining produced 90t of mine-produced gold (+23% YoY), mainly supported by the volume increase in Akyem Gold Mine, Shanxi Zijin, Serbia Zijin Mining, Raygorodok Gold Mine, La Arena, etc. n In 2025, unit cost of sales was RMB
Slide 6: Our Industry Position in Mine-produced Copper Segment
Our Industry Position in Mine-produced Copper Segment n Zijin Mining is committed to cleaner, more sustainable and responsible copper production. The Group has been the only mining company in Asia and China to produce over 1 Mt of mined copper for three consecutive years, ranking among the top four
Slide 7: Mine-produced Copper: Production Volume, Costs and Unit Price
Mine-produced Copper: Production Volume, Costs and Unit Price n In 2025, Zijin Mining produced 1.09 Mt of mine-produced copper (+2% YoY), mainly supported by the volume increase from the Julong Copper Mine in Tibet and the Kolwezi Project in the Democratic Republic of the Congo n In 2025, unit cost
Slide 8: Our Industry Position in Mine-produced Zinc Segment
Our Industry Position in Mine-produced Zinc Segment n Zijin Mining is China's largest and the world's fourth-largest producer of mine-produced zinc, with a comparative advantage in the development and profitability of low- grade zinc (lead) ore. 2025 Global Major Zinc Companies by Reserves (on equit
Slide 9: Mine-produced Zinc: Production Volume, Costs and Unit Price
Mine-produced Zinc: Production Volume, Costs and Unit Price n In 2025, Zijin Mining produced 360Kt of mine-produced zinc (-12% YoY). n In 2025, unit cost of sales was RMB 9,921/t for zinc concentrate, unit price was RMB 14,999/t. Mine-produced Zinc Production Volume (10Kt) Cost and Unit Price of Min
Slide 10: Other Mining and Smelting Products
Other Mining and Smelting Products n In 2025, the Company produced 439 tonnes of mine-produced silver (+1%YoY). n In 2025, unit cost of sales for mine-produced silver was RMB 2.12/g, unit price was RMB 6.88/g (+45% YoY). n In 2025, benefiting from the commissioning of multiple lithium mining project
Slide 11: Section 2 Project Updates
Section 2 Project Updates
Slide 12: Key Incremental Gold Mining Projects
Key Incremental Gold Mining Projects Zijin Gold International has become the key growth engine accelerating the Group’s gold business n Akyem Gold Mine in Ghana: The project is currently conducting a feasibility study on a technological renovation to expand the processing capacity by 3.0 Mtpa, poten
Slide 13: Key Incremental Copper Mining Projects
Key Incremental Copper Mining Projects We have established major copper production bases in Tibet, Serbia, and the Democratic Republic of Congo n Tibet serves as our core domestic resource base and development area, with large-scale copper assets including Julong, Zhunuo, Xiongcun, Yulong, etc. Phas
Slide 14: Key Incremental Lithium Projects
Key Incremental Lithium Projects The Company plans to build lithium carbonate equivalent (LCE) production capacity of 270–320 kt by 2028, cultivating a new growth pillar and accelerating its development into one of the world’s leading lithium producers n In Argentina, Phase I of the Tres Quebradas l
Slide 15: Section 3 Strategic Planning
Section 3 Strategic Planning
Slide 16: Three-Year Development Plan
Three-Year Development Plan Production Guidance for Major Mineral Products Over the Next Three Years (2026-2028) 25-28E 23-25 25-28E 23-25 Production Guidance CAGR (1) CAGR Production Guidance CAGR (1) CAGR 吨 130-140 万吨 90 105 47 45 40 40 40-45 68 73 13%+ 15% 0.1%+ -8% 2023 2024 2025 2026E 2028E 202
Slide 17: Key Work Measures for 2026
Key Work Measures for 2026 Continuously Strengthen Proactively Deploying New Building an Endogenous Building a Strong “Moat" for “Resource Base" Engines for Global Growth Force of “Value-Driven" High-quality Development • With gold and copper as key minerals • Releasing production capacity of • Acce
Slide 18: Mining for a better society
5 Ww Omrr Mining for a better society