Hybrid / Mixed

Zijin Mining Group

Shanghang, Fujian Province, China/EST. 1986/CopperCobaltLithium

3

Projects

1

Country

1

Alliance

3

ESG Flags

HEADQUARTERSShanghang, Fujian Province, China
ESTABLISHED1986
OVERSIGHTShanghang County Government
MINERALS
COPPERCOBALTLITHIUM

Most dynamic Chinese miner known for 'Zijin Speed' in project execution. Willingness to partner with Western exploration firms. Founded by geologist Chen Jinghe.

Listed on Hong Kong and Shanghai exchanges'Local state, global capital' structureAvoids bureaucratic lethargy of central SOEs

Leadership Structure

Chairman (Founder, Geologist)

Chen Jinghe

Chen Jinghe

Chairman (Founder, Geologist)

Executive Leadership

Zou Laichang

Zou Laichang

Executive Director and Chairman of the Board of Directors

Lin Hongfu

Lin Hongfu

President, Executive Director and Vice Chairman of The Board of Directors,

Senior Executives

Xie Xionghui

Xie Xionghui

Vice President, Executive director and Employee directors

Wu Jianhui

Wu Jianhui

Executive Director, Executive Vice President and Chief Engineer

SS

Shaoyang Shen

Executive Director and Vice President

ZY

Zheng Youcheng

Executive Director

WH

Wu Honghui

Executive Director, Vice President, and Chief Financial Officer

LJ

Li Jian

Non-executive Director

WX

Wu Xiaomin

Lead Independent Director

Mining Operations

3DRC

DRC

3 OPERATIONS

Commus (La Compagnie Minière de Musonoie)

Lualaba

Copper-cobalt producer. Subject of 2025 allegations regarding community relocation processes.

CopperCobalt

Kamoa-Kakula

Lualaba

Tier-1 copper discovery, JV with Ivanhoe Mines. Zijin holds 39.6% stake in JV and ~9.8% equity in Ivanhoe Mines. World-class copper producer. Built with 'Zijin Speed'.

CopperCobalt2 PARTNERS

Manono Lithium

Tanganyika

Contentious legal battle for control of deposit. Allegations regarding 'missing' $30M humanitarian funds linked to license acquisition.

Lithium

ESG Profile

High
2
Low
1
HighCommunity2025

Allegations regarding unfair compensation and relocation processes at Commus operations

COMMUS (Compagnie Minière de Musonoïe), a Chinese-owned cobalt mining company and Gécamines subsidiary, relocated hundreds of households in Kolwezi, DRC under disputed conditions. Residents received around $25,000 per household — well below the $40,000–$100,000 cost of replacement housing — while the company claimed averages of $80,000–$100,000. COMMUS opted for cash-only payments rather than following Congolese law, which requires sourcing equivalent replacement housing. Additionally, a government Relocation Commission skims 10% off compensation funds before they reach displaced residents.

LOC: DRCSource ↗
HighGovernance2024

Allegations of 'missing' $30M humanitarian funds linked to Manono project license…

Zijin Mining committed $70M in humanitarian aid for victims of violence in eastern DRC as part of activities connected to the Manono Lithium project license acquisition. Around $40M was reportedly received by Le Bouclier, an NGO led by a UDPS member who also sits on the COMINIÈRE board — a direct conflict of interest. The remaining $30M was reportedly parked in an anonymous temporary account with no public audit trail. Separately, the DRC's state anti-corruption body (IGF) flagged the sale of a 15% Dathcom stake to Zijin as a "cut-price sell-off," resulting in an estimated $120M revenue loss to the state.

LOC: DRCSource ↗
LowGovernance2025

Tensions with Ivanhoe Mines over characterization of seismic event at Kakula

On May 18, 2025, a seismic event struck the eastern section of the Kakula mine at the Kamoa-Kakula copper complex in the DRC. Co-owner Zijin Mining publicly described "multiple roof-falling and rib-spalling," suggesting major structural damage. Ivanhoe Mines — the other key partner — formally disputed this, stating its geotechnical specialists found no evidence of collapsing stopes or structural pillars, characterizing the damage instead as minor rock scaling from sidewalls. Underground mining was suspended as a precaution. The public disagreement between partners raised concerns about transparency, joint venture governance, and the reliability of safety disclosures. Zijin subsequently indicated it may commission its own independent investigation. Copper production guidance for 2025–2027 was later revised downward.

LOC: DRCSource ↗

Improvements

Company rebuttals citing adherence to DRC laws
Source ↗
Collaboration with local NGOs

Strategic Alliances

Critical

Ivanhoe Mines / Robert Friedland

Industry's most prominent Sino-Western alliance. Zijin holds ~9.8% equity in Ivanhoe and 39.6% in Kamoa-Kakula JV. Provided capital when Western markets were risk-averse.

Western Mining Partner