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China's three major copper giants
The three domestic copper giants refer to Jiangxi Copper, Yunnan Copper and Tongling Nonferrous Metals.

1. Jiangxi copper industry: Jiangxi copper industry is the largest copper enterprise in China, and the output of copper concentrate accounts for 13% of the whole country. Jiangxi copper industry has many mining areas such as Dexing copper mine, and the output of copper concentrate ranks first among the three major copper enterprises. In addition, Jiangxi Copper also produces by-products such as sulfuric acid, gold and silver, and the smelting cost has certain advantages. Jiangxi Copper also actively invests in overseas mines. For example, in 20 17, Jiangxi Copper invested 236 million yuan to acquire 60% shares of Jiangxi Gold, which improved the competitiveness of gold business.

2. Yunnan Copper Industry: Yunnan Copper Industry is also one of the important copper enterprises in China, and the output of copper concentrate accounts for 3% of the whole country. Yunnan copper industry also has certain performance in producing by-products such as sulfuric acid, gold and silver. In terms of smelting cost, the smelting cost of Yunnan copper industry has been greatly reduced in recent years due to the adoption of isa furnace process.

3. Tongling Nonferrous Metals Co., Ltd.: Tongling Nonferrous Metals Co., Ltd. is an important enterprise in the copper industry in China, and its copper concentrate production accounts for 3% of the whole country. Tongling Nonferrous Metals Co., Ltd. has an absolute advantage in smelting cost, and its Jinlong Smelter is one of the most advanced copper smelters in China with low production cost.