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Tibet Huayu Mining

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Tibet Huayu Mining
Company typePublic; Private-owned
Founded2002; 22 years ago (2002)

Tibet Huayu Mining Co., Ltd. (stock abbreviation: Huayu Mining, SSE: 601020, Chinese: 华钰矿业), headquartered in Lhasa, Tibet, was established in 2002. The company employs 360 individuals and has 3 branches, 8 subsidiaries, and 2 multinational joint ventures. The company primarily focuses on solid mineral exploration and the mining, processing, sales, and trading of lead, zinc, copper, antimony, gold, silver, and other non-ferrous metals.[1][2]

History

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On March 16, 2016, Huayu Mining was listed on the Shanghai Stock Exchange.[3][4] Since December 2017, Huayu Mining has acquired a 50% stake in Tajikistan's largest state-owned enterprise TALC Gold,[1] a 70% equity interest in Ethiopia's Tigray Resources, and a 40% equity stake in Guizhou Asia-Pacific Mining Company Limited, among other antimony metal and gold assets domestically and internationally, evolving from a regional entity into a multinational mining conglomerate.[5][6]

In 2019, it was recognized by Tibet Autonomous Region as one of the "top 20 private enterprises in employment," a distinction it has received annually thereafter. [7]

Reference

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  1. ^ a b Keating, Amanda (2022-04-21). "China's Huayu launches Tajikistan antimony-gold project". St. Louis Group. Retrieved 2024-12-01.
  2. ^ "Huayu Mining to put Talco Gold into trial production in March 2020-Asian Metal". Asian Metal. 2019-11-27. Retrieved 2024-12-01.
  3. ^ "Tibet Huayu Mining Co., Ltd. (601020.SS) Stock Price, News, Quote & History". Yahoo Finance. 2024-08-21. Retrieved 2024-12-01.
  4. ^ "Tibet Huayu Mining Co Ltd, 601020:SHH profile". Financial Times. 2024-11-29. Retrieved 2024-12-01.
  5. ^ "Tibet Huayu Mining". Business & Human Rights Resource Centre (in Italian). 2023-02-24. Retrieved 2024-12-02.
  6. ^ "Huayu Mining Industry: the lead-zinc mining project has been approved with a lead concentrate of 11800 tons / year and a zinc concentrate of 26300 tons / year". SMM. 2020-06-28. Retrieved 2024-12-02.
  7. ^ "2019西藏百强民营企业、民营企业就业20强名单公示_澎湃号·政务_澎湃新闻-The Paper". thepaper.cn (in Chinese). 2019-11-08. Retrieved 2024-12-02.