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Recently, Jin'ang Holding Chairman Ke Xiangjin and Co-President Xiong Shanshan led the Group's professional team stationed in Africa to Tanzania's Lindi region to carry out a pre-mining preparation inspection of its first large-scale nickel mine project, accompanied throughout by project manager Lin Zhentian. This marks that Jin'ang Holding's large-scale nickel mine project in Africa is about to enter the substantive mining stage. The project is not only a key measure for Jin'ang Holding to realize its strategic resource layout, but will also, through industrial linkage, drive large volumes of primarily processed nickel ore back to China, bringing the Group a new business growth pole.
At the project site, Ke Xiangjin stressed that Jin'ang Holding has joined with listed companies to form a development consortium, giving full play to each party's advantages in capital, technology, channels and compliance management to achieve full-chain synergy from exploration, extraction and primary processing to transport back to China. He said: 'The Lindi nickel mine is the core fulcrum of Jin'ang's resource strategy in Africa. We are accelerating project implementation through a market-oriented joint venture model. Once in production, it is expected to generate a considerable trade volume of primarily processed nickel ore shipped back to China, greatly enhancing the Group's say and import trade volume in the new energy metals sector.'
The Lindi nickel belt in Tanzania is a sulfide nickel deposit, distributed mainly in the Chimala orogenic belt and areas near Lake Tanganyika. The belt is dominated by sulfide ores in basic and ultrabasic rock bodies, with ores often occurring in massive and disseminated forms at the bottom and margins of intrusions. Some deposits contain metals such as cobalt and copper. The Kabanga sulfide nickel-cobalt deposit is a representative deposit in the region, with nickel metal content exceeding 1.52 million tonnes. The primarily processed nickel ore will mainly be shipped to China to serve the domestic new energy vehicle power battery supply chain. Relying on this project, Jin'ang Holding will continue to expand cooperation with listed companies and other industrial partners in strategic resources such as nickel, gold and copper, further consolidating its advantageous position in African mineral resource development.
Responding to the National Strategy, Deepening China-Africa Cooperation
Nickel, as a core material for new energy vehicle power batteries, is directly related to battery energy density, range and cost control, and is an indispensable strategic resource in the global green energy transition. Jin'ang Holding's vigorous push to mine the Lindi nickel mine is not only a key step in the enterprise's 'going global' resource strategy, but also an important practice in actively responding to the national Belt and Road Initiative and deepening China-Africa production capacity cooperation. The Group has established a domestic and overseas coordination working group to strictly implement all pre-mining preparations, strengthen compliance management and risk control, and ensure high-quality project progress and the stable return of resources to China.
At present, Jin'ang Holding has positioned its nickel business as the Group's core growth segment, and will continue to expand cooperation with listed companies and industry leaders in resource development, primary processing and trade supply chains, building a more resilient resource security system with greater economies of scale.
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