economy and politics

Zijin Mining, the Chinese company that expands the Argentine mining industry

Zijin Mining Group


Zijin Mining Group is a leading international mining company headquartered in China, with vast experience in the extraction of precious metals and minerals that has become a key player in the global industry.

The mining company operates in various countries in Asia, Africa, Europe, Oceania and America, managing several subsidiaries in these regions and managing to position itself on the list of the most important companies both in China and globally, with a ranking of number 77 on the list. Fortune 500 Chinese companies.

Since its foundation in 1993 as Zijinshan Gold Mine Company In Fujian, the company has diversified its business and has been involved in mining and refining a variety of metals, including gold, copper and zinc.

Zijin Mining Group is currently listed on the Shanghai and Hong Kong Stock Exchanges, reflecting its established position and presence in international financial markets.

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Over the past two decades, Zijin Mining Group has become a leading mining group, with projects and companies in 24 provinces in China and more than 10 countries around the world.

In recent years, the Chinese company has become involved in the lithium business and has begun to make various investments in this sector, with the aim of becoming one of the 10 largest world producers of lithium, reaching a production of 120,000 tons of lithium carbonate. in 2025. In this sense, Zijin Mining Group has invested in Argentina, particularly in the project three ravines, in the province of Catamarca.

The project began in 2022 with the construction of the lithium carbonate plant, located 170 km east of Fiambalá. Based on an investment of US$380 million from the subsidiary in Argentina, Liex SA, this project will create more than 1,000 direct and indirect jobs in the region.

This initiative has projected the production, in a first stage, of 20,000 annual tons of lithium carbonate, with the aim of doubling it in the medium term. It is estimated that the deposit will start producing at the end of 2023 and will have a useful life of approximately 50 years.

Zijin Mining

Zijin Mining’s investment in Argentina is not only limited to mineral extraction, but has also shown interest in the development of the metallurgical industry and the implementation of innovative technologies. It is also analyzing making more investments for the production of lithium in Argentina, but also gold and copper.

The company has expressed its commitment to add value to the minerals extracted in the country through the installation of processing and refining plants, which would boost the growth of the local industry and generate employment and economic development.

Zijin Mining Group has consolidated its position as a leading global mining company, and its strategic investment in Argentina demonstrates its confidence in the potential of the mining industry. With its projects it is contributing to the economic growth of Argentina, laying the foundations for long-term sustainable development.





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