Chinese Listed Mining Companies Report Massive H1 2026 Profit Surge on Volume and Price Gains

According to Shanghai Securities Journal, Chinese listed mining companies reported significant profit growth in the first half of 2026, driven by rising volumes and prices of core products. Zijin Mining forecast H1 net profit of 39.1 billion yuan, while Luoyang Molybdenum projected 15.5 billion to 16.5 billion yuan. Shengda Resources, Western Gold, Zhuzhou Smelter Group, and Western Mining also guided for profit increases exceeding 100%, as higher commodity prices and increased production volumes supported sector-wide earnings expansion.
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