◎Highlight: The Company is the largest mined-zinc producer in China, with significant capacity and profitability in low grade zinc (lead) ore development. During the reporting period, phase 4 of Zijin Zinc’s flotation processing system commenced commissioning and trial production.

◎Resources:Zinc resources were 9.89 million tonnes, of which the proved and probable reserves were 4.2 million tonnes; lead resources were 1.3 million tonnes, of which the proved and probable reserves were 604,200 tonnes.
◎Production: The Group produced 720,776 tonnes of zinc, representing an increase of 0.26% compared with the same period last year (same period last year: 718,883 tonnes).

Among which, the Group produced 402,321 tonnes of mined zinc in concentrate, representing an increase of 1.48% compared with the same period last year (same period last year: 396,443 tonnes);

318,454 tonnes of zinc ingots were produced from smelters, representing a decrease of 1.24% compared with the same period last year (same period last year: 322,440 tonnes).

39,661 tonnes of lead in concentrate were produced, representing an increase of 4.53% compared with the same period last year (same period last year: 37,942 tonnes).

◎Costs: During the reporting period, the unit cost of sales of mine-produced zinc was RMB8,017/tonne, representing an increase of 8.80% compared with the same period last year (same period last year: RMB7,369/tonne).

◎Contribution: Sales income from the zinc (lead) business represented 4.55% (after elimination) of the operating income during the reporting period. Gross profit generated from zinc (lead) products represented 7.68% of the gross profit of the Group.