Western Mining Co Ltd (Western Mining) is a mining and mineral exploration company. It carries out mining, smelting, trading and finance of base metals, lead concentrate, zinc concentrates, sulphur concentrates, copper cathodes, crude lead, aluminum ingots, silver ingots, lubricants, nickel, tin ingots, steel, electrolytic copper, lead, aluminum, and non-ferrous mineral deposits. The company controls the operation of mines, which include Qinghai Xishishan Lead-Zinc Mine, Inner Mongolia Gold Mine, Tibet Yulong Copper Mine, Inner Mongolia Shuangli Iron Mine, and Sichuan Pangcun Silver Polymetallic Mine. Western Mining offers mining, processing, smelting, and other services. It has operations across China. Western Mining is headquartered in Xining, Qinghai, China.
Headquarters
China
Address
No.52 Wusi Street, Xining, Qinghai, 810001
Website
www.westmining.com
Telephone
86 971 6108188
No of Employees
6,222
Industry
Metals and Mining
Ticker Symbol & Exchange
601168 (SHA)
Revenue (2022)
$6.0B
6.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-18.4%
(2022 vs 2021)
Market Cap*
$6.6B
Net Profit Margin (2022)
XYZ
-23.2%
(2022 vs 2021)
* As of and is in US$
Western Mining Co Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Base Metals | Mining and Exploration |
| Lead Concentrate | Smelting |
| Sulphur Concentrates | Finance |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In November, the company announced its plans to acquire a 36% stake in Qinghai Huanghe Mining from Qinghai Huangdian Mining Management. |
| 2022 | Plans/Strategy | In March, the company announced its plans to acquire 27% stake in Qinghai Dongtai Jinel Lithium Resources. |
| 2021 | Acquisitions/Mergers/Takeovers | In December, the company acquired 22.725% stake in Sichuan Huidong Daliang Mining Co from ABC Financial Assets Investment Co. |
Competitor Comparison
| Key Parameters | Western Mining Co Ltd | Zijin Mining Group Co Ltd | Zhongjin Gold Corporation Ltd | Pingdingshan Tianan Coal Mining Company Ltd | Yunnan Chihong Zinc and Germanium Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Xining | Longyan | Beijing | Pingdingshan | Qujing |
| State/Province | Qinghai | Fujian | Beijing | Henan | Yunnan |
| No. of Employees | 6,222 | 48,836 | 23,092 | 44,886 | 7,285 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Liang Yanbo | Chairman | Executive Board | 2022 | 51 |
| Zhong Yongsheng | President; Vice Chairman | Executive Board | 2023 | 39 |
| Kang Yanyong | Chief Financial Officer; Director | Executive Board | 2021 | 53 |
| Ma Mingde | Vice President; Director | Executive Board | 2021 | 39 |
| Qingyan | Vice President | Senior Management | 2017 | 49 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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