智通财经APP获悉，中国有色矿业(01258)午后涨近6%，截至发稿，涨5.85%，报13.02港元，成交额1.95 亿港元。 消息面上，中国有色矿业发布公告，针对近期媒体关于公司附属公司赞比亚谦比希湿法冶炼有限公司尾 矿坝溃坝事件的指控进行了澄清。对于尾矿坝事件，谦比希湿法已经依据政府指令全面履行修复和治理 义务，并已按照赞比亚政府出具的损害赔偿报告完成了对个体农户的赔偿工作。未来，公司将继续与赞 比亚政府紧密协作，全力推进环境影响评估和修复治理工作。 针对媒体的指控，声称一百余名民众向法院提起请愿要求设立环境修复托管账户并存入800亿美元，公 司认为该索赔缺乏依据，已聘请当地专业律师团队应对。公司评估认为，该事件未对集团的经营或财务 状况造成重大影响，不构成内幕消息。公司提醒股东及投资者，任何非公司发布的信息未必反映公司实 际情况，投资决策应以公司在联交所网站发布的公告为准。 ...

Group 1 - China Nonferrous Mining (01258) has acknowledged media allegations regarding the tailings dam collapse incident at its subsidiary, Zambia Chambishi Copper Smelter, and has provided clarifications in its interim financial report [1] - The tailings dam collapsed on February 18, 2025, due to theft of the impermeable membrane and heavy rainfall, which was the highest in nearly 20 years for that period in Zambia [1] - The company took immediate action to communicate with Zambian government authorities and mobilized resources for emergency response and water recovery efforts [1] Group 2 - On August 7, 2025, the Zambian government announced that the situation had returned to normal, with laboratory tests showing that water pH levels had normalized and heavy metal concentrations were decreasing [2] - The Zambian government reported no significant health issues or outbreaks related to the pollution incident since it occurred, and there have been no deaths attributed to the pollution [2] - On September 10, 2025, Zambian officials visited the Chambishi site and praised the company's timely response and environmental remediation efforts [2] Group 3 - On September 18, 2025, the Chinese Foreign Ministry spokesperson stated that the company had fulfilled its repair and remediation obligations as per government directives and had compensated individual farmers according to a damage report issued by the Zambian government [3] - A petition was filed by over a hundred local residents (with only 11 authorized) demanding the establishment of an environmental remediation trust account with $80 billion for environmental restoration and compensation, which the company considers baseless [3] - The company believes that the incident has not significantly impacted its operational or financial status, and the prompt remedial actions and positive government responses indicate no major effects on the surrounding environment or community [3]

格隆汇9月18日丨中国有色矿业(01258.HK)公告，公司注意到，近期有媒体文章就集团附属公司赞比亚 谦比希湿法冶炼有限公司尾矿坝溃坝事件作出指控。对于该事件，已在中期业绩公告部分进行了披露。 针对该事件相关情况，公司现做进一步澄清：背景2025年2月18日，谦比希湿法的一座尾矿坝因防渗膜 被盗割以及持续强降雨(2025年1-2月赞比亚当地降雨量接近20年来同期降雨量的最大值)等原因溃坝，导 致部分尾矿泄漏。溃口于19日凌晨3点半完成封堵，事故源头得到有效控制。事件发生后，公司第一时 间与赞比亚政府有关部门积极沟通情况，调集资源全力处置抢险，开展水体恢复工作。 公司认为该事件未对集团的经营或财务状况造成重大影响，故不构成内幕消息。尽管有上述失实指控， 及时的补救工作及地方政府对事件的积极回应均证明事件未对相关周边环境及社区造成任何重大影响。 2025年8月7日，赞比亚政府首席发言人在卢萨卡防灾减灾委、多部门联合新闻发布会上，通过社交媒体 部脸书直播做出了声明，称目前局势已基本恢复正常，政府有信心向受影响区域的群众保证其生命安 全；实验室检测结果显示，水体的pH值已恢复正常，重金属浓度也在持续下降，当地供水公 ...

Core Viewpoint - The company has addressed recent media allegations regarding the tailings dam incident at its subsidiary, Zambia Chambishi Hydrometallurgical Co., Ltd, clarifying the situation and outlining the response measures taken [1][3]. Group 1: Incident Details - On February 18, 2025, a tailings dam at Chambishi Hydrometallurgical failed due to theft of the impermeable membrane and heavy rainfall, leading to some tailings leakage [1]. - The breach was contained by 3:30 AM on February 19, and the company promptly communicated with Zambian government authorities to manage the situation and initiate water recovery efforts [1]. Group 2: Government Response - On August 7, 2025, the Zambian government announced that the situation had largely returned to normal, with laboratory tests showing that water pH levels had normalized and heavy metal concentrations were decreasing [2]. - The government reported no significant health issues or outbreaks related to the pollution incident since it occurred, and there have been no deaths attributed to the pollution [2]. Group 3: Legal and Financial Implications - On September 18, 2025, the Chinese Foreign Ministry stated that the company had fulfilled its obligations for repair and remediation as per government directives and had compensated individual farmers as per the damage report issued by the Zambian government [3]. - A petition was filed by over a hundred local residents (with only 11 authorized) demanding the establishment of an environmental remediation trust account with $80 billion (approximately 624 billion HKD) managed by the Zambian government, along with an additional $200 million for emergency relief and health/environmental assessments [3]. - The company believes the claims lack basis and has engaged a local legal team to protect its rights, asserting that the incident has not significantly impacted its operational or financial status [3].

香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）對本公告的內 容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本 公告全部或任何部份內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 China Nonferrous Mining Corporation Limited 中國有色礦業有限公司 （根據公司條例於香港註冊成立的有限公司） （股份代號：01258） 有關媒體報道之澄清公告 對於尾礦壩事件，謙比希濕法已經依據政府指令全面履行修復和治理義務，並已 按照贊比亞政府出具的損害賠償報告完成了對個體農戶的賠償工作。未來，公司 將繼續與贊比亞政府緊密協作，全力推進環境影響評估和修復治理工作。 本公告由中國有色礦業有限公司（「本公司」，連同其附屬公司統稱「本集團」）自願 作出。 本公司注意到，近期有媒體文章就本集團附屬公司贊比亞謙比希濕法冶煉有限公 司（「謙比希濕法」）尾礦壩潰壩事件（「事件」）作出指控。對於該事件，我們已在中 期業績公告「中期簡明綜合財務資料附註」部分進行了披露。針對該事件相關情況， 本公司現做進一步澄清： 背景 2025年2月18日，謙比希濕法的一座尾礦壩 ...

Group 1 - A new company named Zhongse Mining Auxiliary Chemical (Tieling) Co., Ltd. has been established with a registered capital of 150 million yuan [1] - The legal representative of the new company is Zhang Xueming [1] - The company's business scope includes the manufacturing and sales of specialized chemical products, as well as technical services [1] Group 2 - The company is jointly owned by China Nonferrous Mining Group's Shenyang Mining Investment Co., Ltd., China Fifteenth Metallurgical Construction Group Co., Ltd., and Zhongse International Trade Co., Ltd. [1]

Group 1 - Copper prices have surged to a 15-month high, reaching $10,173 per ton, driven by increased risk appetite and expectations of a Federal Reserve rate cut this week [1] - The market anticipates a 25 basis point rate cut, with expectations of two additional cuts by the end of the year, which typically supports copper prices by boosting demand and weakening the dollar [1] - Supply disruptions, such as reduced output from Kamoa-Kakula Mine and the shutdown of Codeco's El Teniente Mine, have led to a tight copper supply, while demand remains robust due to increased investment in China's power grid and the peak season for electric vehicle sales [1] Group 2 - The domestic copper mining sector's price-to-earnings (PE) ratio has been running between 10-15x over the past three years, with a continuous increase in valuation this year due to declining supply growth and strong domestic demand [1] - It is expected that the copper price will reach $10,500 per ton in Q3-Q4 2025, driven by improved supply-demand dynamics and macroeconomic support, which will enhance corporate profit expectations [1] - The disparity in valuation between domestic and international sectors is anticipated to narrow as perceptions of supply shortages and demand growth improve, with domestic valuations expected to rise to 15-20x [1] Group 3 - Related companies in the copper mining sector listed on the Hong Kong Stock Exchange include Luoyang Molybdenum (03993), Zijin Mining (02899), China Nonferrous Mining (01258), Minmetals Resources (01208), Jiangxi Copper (00358), and China Railway (00390) [2]

Group 1 - Copper prices have surged to a 15-month high, reaching $10,173 per ton, driven by increased risk appetite and expectations of a Federal Reserve rate cut this week [1] - The market anticipates a 25 basis point rate cut, with potential for two more cuts by the end of the year, which typically supports copper prices by boosting demand and weakening the dollar [1] - Supply disruptions, such as reduced output from Kamoa-Kakula Mine and the shutdown of Codeco's El Teniente Mine, have led to a tight copper supply, while demand remains robust due to increased investment in China's power grid and the peak season for electric vehicle sales [1] Group 2 - The domestic copper mining sector's price-to-earnings (PE) ratio has been running between 10-15x over the past three years, with a continuous increase in valuation this year due to declining supply growth and strong domestic demand [1] - It is expected that the copper price will reach $10,500 per ton in Q3-Q4 of this year, driven by improved supply-demand dynamics and macroeconomic support, which will enhance corporate profit expectations [1] - The disparity in valuation between domestic and international sectors is anticipated to narrow as perceptions of supply shortages and demand growth improve, with domestic valuations expected to rise to 15-20x [1] Group 3 - Related companies in the copper mining sector listed on the Hong Kong Stock Exchange include Luoyang Molybdenum (03993), Zijin Mining (02899), China Nonferrous Mining (01258), Minmetals Resources (01208), Jiangxi Copper (00358), and China Railway (00390) [2]

Group 1 - The core viewpoint of the articles indicates a significant rise in copper-related stocks and prices, driven by expectations of a Federal Reserve interest rate cut and strong demand in various sectors [2][3][5] - On September 12, copper futures surged to 80,880 yuan/ton, reflecting a broader increase in commodity prices [3] - Analysts suggest that recent economic data has paved the way for a potential interest rate cut by the Federal Reserve, which could positively impact commodity prices [4][5] Group 2 - The copper supply side is facing challenges, with slow capacity release and increased supply pressure from overseas disruptions, leading to a structural imbalance in supply and demand [6] - Short-term demand for copper is expected to be strong due to the upcoming "golden September and silver October," with robust needs from the new energy and power sectors, as well as a gradual recovery in real estate and traditional consumption [7] - Long-term demand for copper is projected to grow significantly, with estimates suggesting an additional demand of at least 10 million tons by 2035 driven by electric vehicles, AI, and power infrastructure [7][8] Group 3 - The rapid development of AI technology is increasing the demand for copper, particularly in data centers, which are expected to consume between 200,000 to 500,000 tons of copper annually by 2027, representing a compound annual growth rate of 26% [8] - The rise of data centers and AI is anticipated to contribute an additional 3% to global copper demand by 2027, while electric vehicles are expected to account for only 5.2% [8] - Geopolitical tensions are also driving demand for copper in defense spending, as various military applications require significant amounts of copper [8] Group 4 - Market analysts believe that the current copper price uptrend is just beginning, with multiple factors contributing to a potential long-term revaluation of copper [9] - Institutions like New Lake Futures and Minsheng Securities highlight that the combination of macroeconomic data supporting a Fed rate cut, ongoing supply tightness, and resilient demand will likely keep copper prices on an upward trajectory [9]

Group 1 - The core viewpoint of the articles highlights the significant activity in the Hong Kong copper sector, driven by a major merger announcement between Anglo American and Teck Resources, which could be the largest mining merger in over a decade, reflecting a strong bet on future copper demand [1] - Copper stocks have shown notable gains, with Jiangxi Copper rising nearly 8%, Minmetals Resources up nearly 7%, and China Nonferrous Mining increasing by 6%, indicating a bullish sentiment in the market [2] - The rise in copper demand is attributed to the increasing consumption in artificial intelligence data centers, which are projected to consume over 4.3 million tons of copper in the next decade, equivalent to the annual production of Chile, the largest copper supplier [1] Group 2 - The demand for copper is also being driven by increased government defense spending, which requires substantial amounts of copper for various military equipment, including bullets, fighter jets, and missile systems [1] - The overall trend indicates that global copper consumption has been on the rise for years, while new supply is expected to struggle to keep pace with this growing demand [1]