Rising Gold and Copper Volumes and Prices Boost Zijin Mining's H1 Net Profit by 68% | Earnings Report

In the first half of 2026, Zijin Mining reported revenue of RMB 194.2 billion and net profit attributable to shareholders of RMB 39.2 billion, both posting significant growth. Operating cash flow reached RMB 55.5 billion, up 92% year-on-year. The company's debt-to-asset ratio fell to 49.55%, marking the first time below 50% since 2012. Gold and copper businesses saw simultaneous increases in volume and price, while new production capacity in lithium and tungsten accelerated its release. Meanwhile, the company continued to expand its resource portfolio through acquisitions. Cumulative dividends for the year surpassed RMB 20 billion for the first time, significantly enhancing shareholder returns, as the company enters a positive cycle of dual growth in both earnings and valuation.