36°38′34.8″N 101°45′41.5″E / 36.643000°N 101.761528°E
Company type | public |
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SSE: 601168 | |
Industry | Metal mining |
Founded | 28 December 2000[1] |
Founder | Western Mining Group |
Headquarters | , China |
Area served | China |
Key people |
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Products | copper, lead, zinc, iron, gold and silver |
Revenue | CN¥27.776 billion (2016) |
CN¥ 222 million (2016) | |
CN¥ 100 million (2016) | |
Total assets | CN¥32.166 billion (2016) |
Total equity | CN¥11.478 billion (2016) |
Owner | Western Mining Group (28.21%) |
Parent | Western Mining Group |
Website | westmining.com |
Footnotes / references in consolidated financial statement[2] |
Western Mining Co., Ltd. | |||||||
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Simplified Chinese | 西部矿业股份有限公司 | ||||||
Traditional Chinese | 西部礦業股份有限公司 | ||||||
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Western Mining | |||||||
Simplified Chinese | 西部矿业 | ||||||
Traditional Chinese | 西部礦業 | ||||||
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Western Mining Co., Ltd. is a listed company in northwest China engaged in the mining, smelting, and trading of metal minerals, including copper, lead, zinc, iron, gold and silver. It is headquartered in Xining, Qinghai Province.[3] It is currently China's second-largest producer of lead concentrate,[4] fourth-largest producer of zinc concentrate, and seventh-biggest producer of copper concentrate with extraction rights in many metal mines overseas.[5]
Its A shares were listed on the Shanghai Stock Exchange on 12 July 2007.[6]
In 2008, the company began trial production at a smelter at its Yulong (Chinese: 玉龙) copper mine in Tibet.[7] 17% stake of the mine was acquired from fellow mining company Zijin Mining in 2007.[8]
Western Mining was a former constituent of SSE 50 Index (the blue chip of Shanghai Stock Exchange). However, it was removed from the index in 2012.[9]