|Bid||14.74 x 0|
|Ask||14.75 x 0|
|Day's Range||14.65 - 14.78|
|52 Week Range||12.42 - 17.59|
|Beta (3Y Monthly)||1.31|
|PE Ratio (TTM)||20.67|
|Earnings Date||Mar 27, 2019 - Apr 1, 2019|
|Forward Dividend & Yield||0.20 (1.36%)|
|1y Target Est||11.82|
April 29 (Reuters) - Jiangxi Copper Co Ltd : * SAYS Q1 NET PROFIT DOWN 3.1 PERCENT Y/Y Source text in Chinese: https://tinyurl.com/yyr4tkt3 Further company coverage: (Reporting by Hong Kong newsroom)
Jiangxi Copper Co one of China's biggest copper producers, plans to build a plant to produce refined copper in Malaysia's eastern state of Sabah as the country emerges as a dismantling centre for non-ferrous scrap, its chairman said. The company plans to use copper scrap and not copper concentrates as raw material for the plant, Long Ziping said on the sidelines of a session during the Belt and Road Forum in Beijing on Thursday. Jiangxi Copper chose Sabah because of its proximity to China, the largest consumer of the red metal, but the processed copper will "not necessarily" go to China, Long said.
March 27 (Reuters) - Jiangxi Copper Co Ltd : * SAYS 2018 NET PROFIT UP 52.4 PERCENT Y/Y * SAYS IT SETS 2019 OUTPUT TARGET FOR COPPER CATHODE AT 1.44 MILLION TONNES, GOLD 25 TONNES, COPPER CONCENTRATE 205,800 ...
March 4 (Reuters) - Jiangxi Copper Co Ltd : * SAYS IT PLANS TO BUY 29.99 PERCENT STAKE IN SHANDONG HUMON SMELTING FOR 2.98 BILLION YUAN ($444.85 million) * SAYS IT WILL BECOME SHANDONG HUMON SMELTING'S ...
Jan 30 (Reuters) - Jiangxi Copper Co Ltd : * SAYS 2018 NET PROFIT UP 50 PERCENT Y/Y FROM 1.6 BILLION YUAN ($238.25 million) YEAR EARLIER Source text in Chinese: https://bit.ly/2sSYIvD Further company coverage: ...
A former head of Jiangxi Copper Co., one of China's top copper producers, was sentenced to 18 years in jail and handed a 2.2 million yuan ($326,656.67) fine on Tuesday after being found guilty of bribery and corruption offences. Li Yihuang, 56, took advantage of his position as chairman of state-run Jiangxi Copper to embezzle 2.68 million yuan of funds over 2011 to 2014, according to a statement from the Anqing Intermediate People's Court, in eastern China's Anhui province. In his time at the company, Jiangxi Copper paid an inflated price to acquire prospecting rights at a silver mine in Jiangxi province in 2008, causing a loss of 20.87 million yuan in state-owned assets, the court said.
* PREVIOUS TRADING SESSION MOVES: * SSEC +0.0 pct, CSI300 -0.2 pct, HSI -0.3 pct * HK- Shanghai Connect daily quota used 1.4 pct * HK- Shenzhen Connect daily quota used 0.5 pct * CNY official close ...
LONDON/BEIJING, Dec 20 (Reuters) - Chilean state miner Codelco has agreed to sell France's Nexans, China's Minmetals and U.S.-based Southwire 50,000 to 100,000 tonnes of copper each from 2019 to 2021 in rolling deals known as "evergreens", sources close to the matter said. The contracts - which roll annually, meaning that from 2020 they would be extended for three years until the end of 2022 and so on, if both parties agree - mark a change in tactics at Codelco, which typically sells copper through annual deals.
NEW DELHI/SHANGHAI, Nov 16 (Reuters) - India's Vedanta Ltd has been selling copper concentrate on the spot market from stockpiles at its Sterlite smelter, a company official said, after the facility was forced to stop operating earlier this year amid pollution concerns. The company has denied that the plant, India's second biggest copper smelter located in the port city of Thoothukudi, pollutes the area.
Chinese copper smelter Jiangxi Copper and miner Antofagasta have agreed 2019 copper treatment and refining charges (TC/RCs) at $80.80 a tonne and 8.08 cents a pound, three sources familiar with the matter said. The charges agreed between Jiangxi and Antofagasta are down from the 2018 benchmark of $82.25 a tonne and 8.225 cents a pound. Miners pay the TC/RCs to smelters to process their concentrate into refined metal, offsetting what the smelters pay the miners for the concentrate.
Oct 29 (Reuters) - Jiangxi Copper Co Ltd : * SAYS 9-MONTH NET PROFIT UP 29.4 PERCENT Y/Y Source text in Chinese: https://bit.ly/2SnKY7A Further company coverage: (Reporting by Hong Kong newsroom)
Strapped for cash, Lonmin had unveiled plans to cut 12,600 jobs and have a further 890 merger-related layoffs when Sibanye agreed to buy out the company in December. Lonmin said it remains committed to the proposed deal with the South African competition tribunal's hearing set for Nov. 12 to Nov. 14. The funding agreement Lonmin has entered with an associate of Jiangxi Copper Company Limited is secured over Lonmin's assets and removes some restrictions present in the company's current debt facilities related to completion of the Sibanye deal.
China's top state copper companies threw their weight behind Shanghai's first copper options on Friday, with early turnover trouncing its New York rival and raising a big challenge to the 141-year-old London bourse in the $270 billion (204 billion pounds) global market. The copper options, which follow the launch of sugar and soymeal options last year, come as the Shanghai Futures Exchange (ShFE) also considers opening its flagship copper futures to foreign investors. Almost 18,000 options contracts changed hands in their debut session, equivalent to almost 90,000 tonnes of metal worth 4.44 billion yuan ($649 million), according to Reuters calculations based on exchange data.