It is reported that on November 29th 2007, Jinchuan Group decreased its nickel EXW price by CNY 8000 per tonne to CNY 251000 per tonne.

Jinchuan Group Limited is a large integrated non ferrous metallurgical and chemical engineering enterprise engaged in mining, concentrating, metallurgy and chemical engineering.

Jinchuan Group Ltd has had an annual production capacity of 130,000 tonnes of nickel, 200,000 tonnes of copper, 6,000 tonnes of cobalt, 8,000 kilograms of platinum group metals and 1200,000 tonnes of chemical products.