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Jiangxi Copper Corporation Limited
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Jiangxi Copper Corporation Limited

Jiangxi Copper

Jiangxi Copper Corporation Limited is the largest integrated copper producer and industry leader in China, headquartered in Nanchang, Jiangxi Province. The company operates a complete industrial chain spanning mining, copper smelting, comprehensive recovery of precious metals, and copper processing, with its Guixi Smelter being the world's largest single-site copper smelter. Reporting revenue of a

ChinaEst. 197930K+SSE : 600362

Business Nature

A Chinese state-owned controlled copper company characterized by independent production capabilities, a full industry chain, and domestic operations in China. It maintains resource control with assured copper supply, technological leadership through advanced copper smelting capabilities, and holds strategic national importance as a key non-ferrous metal enterprise.

Core Business Areas

Revenue Composition by Core Business: | Business Segment | Revenue Share | Sales Amount | Market Position in China | |-----------------|---------------|---------------|-------------------------| | Cathode Copper | 60% | CNY 3,130 billion | Absolute market leader | | Copper Processed Materials | 20% | CNY 1,044 billion | Important leader | | By-product Business | 15% | CNY 783 billion | Significant participant | | Other Business | 5% | CNY 261 billion | Supplementary operations | Major Product Output 2023: | Product | 2023 Output | China Market Share | YoY Growth | |---------|-------------|-------------------|------------| | Cathode Copper | 1.7 million tons | ~15% | +5% | | Gold | 80 tons | Significant share | +3% | | Silver | 1,000 tons | Significant share | +4% | | Sulfuric Acid | 5 million tons | Significant share | +6% | Financial Performance Analysis 2023: | Financial Metric | 2023 Data | YoY Growth | |-----------------|----------|------------| | Revenue | CNY 5,218 billion | +8.5% | | Net Profit | CNY 65 billion | +10.2% | | Total Assets | CN

Industry Rankings

Corporate Report

Jiangxi Copper Corporation Limited is China's largest copper producer and a globally significant non-ferrous metals enterprise. Listed on both the Shanghai Stock Exchange (SSE: 600362) and the Hong Kong Stock Exchange (HKEX: 0358), the company operates a full-value-chain model spanning mining, smelting, and processing, employing approximately 30,000 personnel with total assets exceeding 200 billion RMB.

Core Business

Jiangxi Copper's business centers on copper metallurgical operations, anchored by its position as China's largest cathode copper producer with an annual output of approximately 1.68 million metric tons. The company's core product lineup encompasses cathode copper as the primary revenue driver, supplemented by deep-processed copper products such as copper rods and wire. Alongside its copper operations, Jiangxi Copper maintains a robust precious metals division, recovering gold and silver as by-products from its smelting processes, contributing approximately 20% to total revenue. The company also operates a circular economy segment focused on recycled copper through waste copper resource utilization, strengthening its position across multiple metal categories.

The company operates 5+ smelting facilities with a combined cathode copper capacity exceeding 1.5 million metric tons per year, anchored by the Guixi Smelter — the world's largest single-site copper smelting facility with a capacity of 1.0 million tons annually. Its downstream processing network encompasses 20+ processing plants nationwide, delivering copper processing materials at scale. With fiscal year 2025 revenue projected at approximately 500 billion RMB and net profit approaching 60 billion RMB, Jiangxi Copper stands among the world's top ten copper enterprises by revenue.

Global Presence

Jiangxi Copper maintains a global operational footprint spanning 10+ countries, with domestic production serving as the primary revenue base at approximately 85% of total sales. The company operates 10+ mining assets distributed across Jiangxi, Yunnan, and Inner Mongolia provinces, along with overseas resource bases in 5+ countries including Peru and Afghanistan, collectively supplying roughly 15% of revenue through international sourcing. The Guixi Smelter in Jiangxi serves as the flagship production hub, while multi-province domestic facilities and overseas sites collectively underpin a vertically integrated supply chain. Approximately 30,000 employees support these global operations across mining, smelting, and processing activities.

Key Strengths

Jiangxi Copper's competitive advantage stems from its full-industry-chain integration — from mining and ore processing through smelting to copper deep processing — delivering significant economies of scale and superior cost efficiency. The company's rich domestic and international resource reserves ensure meaningful self-sufficiency, while its position as the undisputed market leader in China's copper industry provides pricing leverage and operational resilience. Sustainability initiatives are accelerating through carbon reduction pathways, clean energy adoption, and green mining practices, positioning the company for long-term ESG alignment.