Xinjiang Xinxin Mining Industry Company
| Company type | Public (H-share) |
|---|---|
| Industry | Mining, Non-ferrous metals |
| Founded | 2005 |
| Headquarters | Fuyun County, Altay Prefecture , China |
Area served | Mainland China |
| Products | Nickel, copper, cobalt, lithium, beryllium, tantalum, niobium, platinum, palladium |
| Parent | Government-owned company of China |
| Website | www |
Xinjiang Xinxin Mining Industry Company Limited (), commonly referred to as Xinxin Mining, is a prominent Chinese enterprise specializing in non-ferrous metal extraction. Its headquarters are situated in Fuyun County, Altay Prefecture, Xinjiang. The company holds the position of the second largest electrolytic nickel producer within Mainland China and is among the select Chinese firms that integrate mining, smelting, and refining processes across a diverse array of strategic and rare metals.
History
Established in 2005, Xinxin Mining possesses mining rights valid for 30 years over significant nickel and copper deposits located in Fuyun County, an area abundant in non-ferrous mineral resources. In addition to nickel and copper, the firm also mines and processes cobalt, lithium, beryllium, tantalum, niobium, as well as precious metals such as platinum and palladium.
The company became publicly traded on the Hong Kong Stock Exchange as an H-share company on 12 October 2007.
Operations
The core mining and processing operations of Xinxin Mining are based at the Kalatongke Mine area in Fuyun, Xinjiang. The company manages both underground and open-pit mining activities and has upgraded its smelting and refining facilities to improve operational efficiency while adhering to environmental protection standards.
By 2022, Xinxin reported that its proven and probable nickel reserves surpassed 500,000 tonnes, alongside considerable deposits of copper and cobalt.