新股消息 佳鑫国际通过港交所聆讯 专注于开发巴库塔钨矿

Core Viewpoint - Jiaxin International Resources Investment Limited is preparing for its IPO on the Hong Kong Stock Exchange, focusing on the development of the Bakuta tungsten mine in Kazakhstan, which is projected to be one of the largest tungsten resources globally [1][2]. Company Overview - Jiaxin International is a tungsten mining company based in Kazakhstan, primarily developing the Bakuta tungsten mine project, which is expected to start commercial production in April 2025 with a target annual mining and processing capacity of 3.3 million tons of tungsten ore [1]. - The Bakuta tungsten mine is estimated to have a mineral resource of approximately 107 million tons containing 0.211% WO3, equivalent to 227.3 thousand tons of WO3, as of June 30, 2025 [2]. Future Plans - The company aims to enhance the Bakuta project into a world-class tungsten mining operation, with plans to increase the annual mining and processing capacity to 4.95 million tons by 2027 and to establish a deep processing facility for high-quality ammonium paratungstate (APT) and tungsten carbide (WC) [3]. - Jiaxin International is also exploring opportunities for investment in non-ferrous metal resources in Central Asia and has signed a memorandum of understanding with relevant authorities in Kazakhstan to facilitate potential future collaborations [3]. Financial Performance - The company reported operating losses of 75.09 million HKD, 77.29 million HKD, and approximately 160 million HKD for the fiscal years 2022, 2023, and 2024, respectively, with total losses of approximately 94.45 million HKD, 80.13 million HKD, and about 177 million HKD during the same periods [3].