Jinchuan Intl (02362.HK) announced that the operating data for the nine months ending in September showed that the mining business produced 47,183 tons of copper, a 2% decrease from the previous year; produced 735 tons of cobalt, a decrease of 56%, mainly due to the decrease in ore grade and the continuous decline in the market price of cobalt.
During the period, the mining business sold 41,368 tons of copper, a decrease of about 3%, mainly due to the decrease in copper production; sold 1,318 tons of cobalt, an increase of 24%, attributed to the group's active destocking during the period.