Asset report

Ashele (HaBahe Ashele) copper mine

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Report summary

The major shareholders of Xinjiang Ashele Copper are Fujian Zijin Mining Industry Group( 51%), Xinjiang NF Metals Industry Group (29%), Xinjiang Geology and Mineral Resources Prospecting and Development Bureau (13%), Xinjiang Katatongke Copper-Nickel Mine (5%) and , Xinjiang Baodi Mining Co. (2%). The mine was commissioned in September 2004, with first zinc production in late 2004 and copper production in 2005.

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