Zhongjin Lingnan

Zhongjin Lingnan Nonfemet Company Limited is a Chinese mining and metallurgy group headquartered in Shenzhen, Guangdong.[5] It carries out integrated mining, beneficiation, smelting and trading of non-ferrous metals—chiefly zinc and lead—with by-products such as copper, silver, indium and sulfuric acid.[2]

Its A-shares have traded on the Shenzhen Stock Exchange since 23 January 1997 under ticker szse: 000060.[6]

History

Zhongjin Lingnan was founded in 1984 during China’s non-ferrous sector restructuring and initially operated under the China National Non-ferrous Metals Industry Corp.[6] After that corporation’s dissolution in 1998, control passed to the Guangdong provincial government via its investment arm, Guangdong Rising Assets Management (GRAM), which remains the majority shareholder.[4]

Overseas expansion

  • Australia – In February 2009 Australia approved Zhongjin Lingnan’s purchase of a 50.1 % stake in Perilya Limited, owner of the historic Broken Hill lead-zinc-silver mine.[7] Zhongjin acquired the remaining shares in December 2013, gaining full ownership.[8]
  • Canada – Guangdong government reports list Zhongjin Lingnan among provincial mining firms entering Canadian exploration joint ventures in 2013.[9]

Industry coordination

In November 2015 Zhongjin Lingnan joined nine other major Chinese zinc smelters in pledging to cut refined-zinc output by 500,000 t in 2016.[10]

Operations

In 2023 the company’s mines produced about 1.05 million t of zinc-lead concentrate, while its smelters produced roughly 92,000 t of refined zinc.[3]

  • Mining and smelting – Core assets include the Shaoguan lead-zinc smelter in Guangdong and, via Perilya, the Broken Hill South and Potosi mines in New South Wales.[11]
  • International assets – Perilya also controls base-metal mines in the Dominican Republic and holds earlier-stage zinc-lead projects in Canada.[8]
  • Real-estate and logistics – The group retains small property-development and logistics businesses inherited from earlier diversification.[3]

References

  1. Board & Management – Zhongjin Lingnan retrieved 31 May 2025^
  2. 中金岭南 – 公司资料 retrieved 31 May 2025^
  3. 2023 Annual Report Zhongjin Lingnan, 25 Apr 2024, retrieved 31 May 2025^
  4. 2023 Annual Report – Shareholding Structure Zhongjin Lingnan, 25 Apr 2024, retrieved 31 May 2025^
  5. 公司简介 Guangdong Rising Holdings, 20 Feb 2025, retrieved 31 May 2025^
  6. 中金岭南 2013 年度报告 Shenzhen Stock Exchange, Mar 2014, retrieved 31 May 2025^
  7. Australia clears China’s Zhongjin Lingnan stake in Perilya Reuters, 5 Feb 2009, retrieved 31 May 2025^
  8. China’s Zhongjin Lingnan moves to take full control of Perilya Mining.com, 4 Sep 2013, retrieved 31 May 2025^
  9. Guangdong mining companies eye Canada for copper and zinc projects Government of British Columbia, Aug 2015, retrieved 31 May 2025^
  10. China zinc smelters to cut 500,000 T of output in 2016 Reuters, 20 Nov 2015, retrieved 31 May 2025^
  11. Broken Hill Operations Perilya, retrieved 31 May 2025^