Sinomine(SZ:002738)2025-10-29 09:06Financial Performance - In Q3 2025, the company achieved operating revenue of CNY 1.551 billion, a year-on-year increase of 35.19% [6] - Net profit attributable to shareholders reached CNY 0.115 billion, up 58.18% year-on-year and 352.11% quarter-on-quarter [6] - For the first three quarters of 2025, operating revenue was CNY 4.818 billion, a 34.99% increase compared to the same period last year [6] - The net profit attributable to shareholders for the first three quarters was CNY 0.204 billion, a decrease of 62.58% year-on-year [6] - Basic earnings per share for Q3 2025 was CNY 0.1595, up 58.08% year-on-year [6] Lithium and New Energy Sector - In Q3 2025, the company produced 81,000 tons of spodumene concentrate and 25,600 tons in total for the first three quarters [6][7] - The company aims to enhance its lithium salt production capacity to 71,000 tons per year after a technical upgrade project [7] - The lithium salt business's production cost reduction is part of a green low-carbon development strategy [7] Rare Metals Sector - Revenue from cesium and rubidium business exceeded CNY 0.9 billion in the first three quarters, with a year-on-year growth of approximately 25% [7] - The gross profit from this sector was over CNY 0.6 billion, also reflecting a 25% increase year-on-year [7] - The cesium and rubidium industry is positioned for growth due to its applications in high-tech fields such as 5G communication and quantum computing [8] Copper and Other Metals - The company is actively adjusting its solid mineral exploration direction to enhance resource reserves and improve acquisition efficiency [9] - As of September 2025, the Kitumba copper mine stripping project achieved 80% of its annual plan [10] - The company aims to complete the integrated construction of the Kitumba copper mine with a capacity of 60,000 tons per year by 2026 [10] Future Development Plans - The company plans to maintain a leading position in lithium salt cost and expand its multi-metal resource pool focusing on copper and rare strategic metals [10] - It aims to establish a multi-metal comprehensive recycling center in Tsumeb, Namibia, to enhance its operational capabilities in the region [10] - The strategy includes acquiring high-quality mineral resources globally to support long-term growth [10]