The story
Jinchuan traces its origins to June 1958, when copper-bearing malachite was discovered by the 145th Team of the Northwest Coalfield Geological Exploration Bureau near Baiji Azui. The Jinchuan Nickel Mine was formally established in July of that year, laying the foundation for China's nickel and cobalt industry. By the late 1950s, the mine was administered by Baiyin Nonferrous Metals Corporation, and in 1959 Jinchuan was founded.
From the 1960s, Jinchuan developed China's first production line for nickel, cobalt, and platinum group metals. After the late-1970s economic reforms, Jinchuan was designated one of three major national mineral resource bases, becoming an important center for technological innovation.
From Wikipedia’s article on Jinchuan Group, shared under CC BY-SA 4.0.3