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Zijin ranks No.284 on the Forbes Global 2000 List, up 41 places

Zijin ranks No.284 on the Forbes Global 2000 List, up 41 places

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  • Time of issue:2023-06-13
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(Summary description)

Zijin ranks No.284 on the Forbes Global 2000 List, up 41 places

(Summary description)

  • Categories:New
  • Author:
  • Origin:
  • Time of issue:2023-06-13
  • Views:0
Information

Metals and Mining Companies Rankings

Gold Mining Companies Rankings

 

Zijin Mining has been ranked by Forbes as one of the top 300 companies in the world in its 2023 Global 2000 list, released on June 8. Zijin has soared to No. 284 in the ranking, marking an impressive rise of 41 spots compared to its position in 2022.

 

To generate the rankings, Forbes assigns equal weight to 12-month sales, assets, profit and market capitalization, using the most recent financial data available as of May 5, 2023.

 

Among the metals and mining companies included on the list, Zijin Mining ranks No.6, climbing one spot compared to the previous year. The top five slots are held by Glencore (No.59), BHP (No.90), Rio Tinto (No.100), Vale (No.139), and Anglo American (No.234). Glencore, in particular, ascended 32 places this year.

 

Among global gold miners, Zijin Mining continues to hold the No. 1 position on the list, followed by Barrick  Gold(No.850) and Newmont (No.856).

 

In addition to Zijin Mining, seven other companies headquartered in Fujian are featured on the list, such as the Industrial Bank (No.60) and CATL (No.121). Among them, Zijin Mining and CATL experienced the most significant rise in rankings, suggesting that both companies are undergoing leapfrog growth.

 

In 2022, Zijin Mining delivered record financial results. It achieved a revenue of RMB 270.3 billion, an earnings of RMB 30 billion, and an attributable net profit of RMB 20 billion - an increase of more than 20% across all three indicators. Furthermore, it has become one of the world’s top 10 mining companies in terms of the resources and reserves of its main mineral products, key financial indicators, and market capitalization.

 

 

Translator: Vivian Jian    Reviser: Lin xindi   Editor-in-Chief: Wang Jie

 

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Xiamen Zijin Technology of Mining & Metallurgy Ltd.
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