Shenzhen Zhongjin Lingnan Nonfemet Company

Zhongjin Lingnan was founded in 1984 during China's non-ferrous sector restructuring and initially operated under the China National Non-ferrous Metals Industry Corp.

After that corporation's dissolution in 1998, control passed to the Guangdong provincial government via its investment arm, Guangdong Rising Assets Management (GRAM), which remains the majority shareholder.

Overseas expansion

Australia – In February 2009 Australia approved Zhongjin Lingnan's purchase of a 50.1 % stake in Perilya Limited, owner of the historic Broken Hill lead-zinc-silver mine. Zhongjin acquired the remaining shares in December 2013, gaining full ownership.

Canada – Guangdong government reports list Zhongjin Lingnan among provincial mining firms entering Canadian exploration joint ventures in 2013.

Industry coordination

In November 2015 Zhongjin Lingnan joined nine other major Chinese zinc smelters in pledging to cut refined-zinc output by 500,000 t in 2016.

Mining and smelting – Core assets include the Shaoguan lead-zinc smelter in Guangdong and, via Perilya, the Broken Hill South and Potosi mines in New South Wales.

International assets – Perilya also controls base-metal mines in the Dominican Republic and holds earlier-stage zinc-lead projects in Canada.

Real-estate and logistics – The group retains small property-development and logistics businesses inherited from earlier diversification.

In 2023 the company's mines produced about 1.05 million t of zinc-lead concentrate, while its smelters produced roughly 92,000 t of refined zinc.