Recently, the China Metallurgical Mining Association released the 2024 list of China's Top 50 Metallurgical Mining Enterprises, with Hainan Mining climbing one spot to rank 19th, marking its second consecutive year of ranking improvement.

In order to continuously improve the social influence of mining enterprises and industry cohesion, and to give full play to the demonstration and leading role of large-scale backbone enterprises, China Metallurgical Mining Enterprises Association (CMMEA), with reference to the international common practice, determines the Top 50 Chinese Metallurgical Mining Enterprises in 2024 on the basis of the operating income of the enterprise's iron ore business, and by taking into account the scale of the enterprise's assets, profitability, product output, and the amount of resources under its control, and other factors.

In 2024, the production of 4.91 million tons of raw iron ore from Shiliu Iron Ore Ground Mining reached production for three consecutive years. Finished ore sales amounted to 2.38 million tons, of which the proportion of sales to long term agreements and strategic customers increased by approximately 20% year-on-year, continuing to provide a stable supply of high-quality raw materials to China Baowu and other headline steel companies. In particular, iron ore lump products are highly favored in the iron and steel industry due to the characteristics of high silica, low phosphorus, a small amount of zirconium oxide and low powder content, and there is no alternative product in China for the time being. (Click to view “Hainan Ore” details)

Magnetization Roasting Project

As an important supplier of domestic high-grade iron ore, Hainan Mining always insists on technology-driven, green transformation and lean management. Among them, Shilu iron ore magnetization roasting technology transformation project will be completed in the first half of the production line through the commissioning and put into production, iron ore concentrate grade will exceed 65%, metal recovery rate can be increased to 85%. Meanwhile, the company is actively promoting the construction of intelligent mine in Shiliu Iron Mine to enhance the intrinsic safety and production efficiency through the transformation of digital intelligence.