Zijin Mining Group Warns of Impact on Global Expansion

Zijin Mining Group Warns of Impact on Global Expansion

By
Xiao Wei Zhang
1 min read

Zijin Mining Group Co., one of China’s prominent metals firms, voiced concerns about the potential impact of US-led initiatives seeking to curtail Beijing’s influence over minerals. The company's Chairman, Chen Jinghe, emphasized that geopolitical tensions are intensifying and could hinder its global expansion. He highlighted that the attempted containment of China by developed nations is increasingly recognized, and Zijin, being a leading industry player with expansion plans, expects to be targeted. Chen also mentioned the growing challenges in the Chinese economy and mining sector. These warnings underscore the apprehension within the industry amid escalating global tensions.

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