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Jiangxi Copper Company
Limited (hereafter as JCCL) is China's first Sino-foreign
non-ferrous mining company which was registered at State Administration
of Industry & Commerce on January 24th 1997. The company
successfully issued 656,482,000 H-share on June 12th 1997
and was listed in both Hong Kong exchange and London exchange,
thus becoming the first mining company in China that has been
listed in overseas stock exchanges. On December 21st 2001,
the company issued 230,000,000 A-share and was listed in Shanghai
Stock Exchange. On October 3rd 2003, the company's H-share
was approved to be traded over the counter of American stock
market as level 1 American Depositary Receipts (ADR). On July
25th 2005, the company succeeded with a placement of 231,000,000
H-share, which increased the company's total share value to
2,895,038,200 RMB.
JCCL is largest
integrated copper manufacturer with its operations covering
mining, milling, smelting and processing, the company also
processes the top 2 largest mined open pits and one of the
biggest underground mine and the biggest copper smelter in
china. Besides, the company is also the largest copper production
base and the important sulfur, gold and silver producer in
China. The company controls about one third the total proved
industry copper reserve of the whole china. The self-produced
copper in concentrate by JCCL accounts for one fourth the
total produced in china. In 2006, the company produces 443,000
tons of copper cathode, 13 tons of gold, 353 tons of silver,
1,560,000 tons of sulphuric acid, 295,000 tons of fabricated
copper products including copper rod, foil, tube, etc. The
company's major products have been registered in internationally
reputable exchanges, copper cathode is registered in LME and
SHFE, gold and silver are registered in LMBA. The company
has been dedicating itself to maintain the flagship of China's
copper industry.
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