China’s Zijin Mining Group has commenced production at the Julong copper mine, which will become the largest world-class porphyry copper mine in China. The company said that together with the production volume of the Zhibula copper mine, Julong Copper is expected to produce 120,000-130,000 tonnes of copper in 2022 after phase 1 of the Qulong copper mine is put into production. After the project’s phase 1 reaches the designated production capacity, the annual copper production volume will be approximately 160,000 tonnes.In June 2020, it acquired 50.1% equity interest in Julong Copper and resumed construction of the mine.Tibet Julong Copper holds three mining rights: the Qulong Copper and Polymetallic Mine, the Rongmucuola Copper Mine and the Zhibula Copper and Polymetallic Mine. There are many low-grade copper resources in the Julong Copper Mining Area, and its long-term resource reserves are expected to exceed 20 million tonnes.The Qulong Copper Complex is planned to be a large, open-pit mining area, and will be constructed in two stages, with Phase I scheduled to be completed and put into operation by the end of 2021. After reaching its designed capacity, the mine’s annual copper output is estimated to be about 160,000 tonnes. Phase II is designed for a daily capacity of 300,000 tonnes, with an annual copper output of 260,000 tonnes. Phase I construction of the Qulong project is now progressing smoothly, with 67% of the project completed. Mining infrastructure construction and waste stripping resumed in October 2020.
China’s Zijin Mining Group has commenced production at the Julong copper mine, which will become the largest world-class porphyry copper mine in China. The company said that together with the production volume of the Zhibula copper mine, Julong Copper is expected to produce 120,000-130,000 tonnes of copper in 2022 after phase 1 of the Qulong copper mine is put into production. After the project’s phase 1 reaches the designated production capacity, the annual copper production volume will be approximately 160,000 tonnes.In June 2020, it acquired 50.1% equity interest in Julong Copper and resumed construction of the mine.Tibet Julong Copper holds three mining rights: the Qulong Copper and Polymetallic Mine, the Rongmucuola Copper Mine and the Zhibula Copper and Polymetallic Mine. There are many low-grade copper resources in the Julong Copper Mining Area, and its long-term resource reserves are expected to exceed 20 million tonnes.The Qulong Copper Complex is planned to be a large, open-pit mining area, and will be constructed in two stages, with Phase I scheduled to be completed and put into operation by the end of 2021. After reaching its designed capacity, the mine’s annual copper output is estimated to be about 160,000 tonnes. Phase II is designed for a daily capacity of 300,000 tonnes, with an annual copper output of 260,000 tonnes. Phase I construction of the Qulong project is now progressing smoothly, with 67% of the project completed. Mining infrastructure construction and waste stripping resumed in October 2020.
