中金岭南：加快建设具有全球竞争力的有色金属全产业链国际矿冶集团

Core Viewpoint - The company, Zhongjin Lingnan, aims to build a globally competitive non-ferrous metal industry chain and has significant metal resource reserves as of the end of 2024 [1] Group 1: Resource Reserves - As of the end of 2024, the company has metal resource reserves including 7.13 million tons of zinc, 3.66 million tons of lead, 1.43 million tons of copper, 6,607 tons of silver, 90 tons of gold, 92,400 tons of nickel, 717 tons of gallium, 240 tons of germanium, and 16,500 tons of tungsten [1] Group 2: Strategic Development - The company is implementing a resource-prioritized strategy to enhance its position as a key player in the national copper, lead, and zinc resource security [1] - It has successfully acquired several high-quality mining rights, including the "Shaoguan Wanhou Tungsten-Silver Multi-Metal Mine Exploration Rights" and "Tian Tang Lead-Zinc-Copper Multi-Metal Mine Survey Exploration Rights" in Guangdong Province [1] Group 3: Project Development - The Phase I mining project of the Fankou lead-zinc mine is set to commence construction in October 2025, which is expected to extend the service life of the mine and enhance the supply capacity of valuable metals such as lead, zinc, gallium, germanium, and silver [1]