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Jilin Horoc

From Wikipedia, the free encyclopedia

Jilin Horoc is a China company that is interested in the nonferrous metals.[1] It is mainly interested in nickel products.[2] It owns, through a subsidiary structure, 100% of the Nunavik Nickel mine,[3] product from which it ships to its Panshi City nickel sulphate plant in Jilin, China.[4] It employed nearly 10,000 people as of 2025.[5]

History

[edit]

In September 2003, Jilin Jien Nickel Industry Co. was listed on the A-share market of the Shanghai Stock Exchange with the stock code 600432. Jilin Jien is a subsidiary of Jilin Horoc.[1]

In autumn 2009 Jilin Jien bought for $192.5 million a distressed property named Canadian Royalties, which held the Nunavik mine outright.[3][6]

In June 2010 Anshan Iron & Steel Group announced it had signed an agreement with Jilin Horoc for the long-term supply of nickel. Anshan wanted to get into the stainless steel and specialty metals industry.[7]

By 2013 Jilin Jien had invested $800 million more in the Nunavik mine.[3]

As of 2013, Jilin Jien's mining investments were located in Canada, Australia, Indonesia, Russia, the Philippines and Papua New Guinea.[3]

The Nunavik mine was in 2023 Canada's fifth most productive nickel mine.[8]

References

[edit]
  1. 1 2 "Subsidiary of Jilin Jien Nickel Industry Co., LTD. Completes Compulsory Acquisition".
  2. ↑ "Jilin HOROC Group Co Ltd - Company Profile and News".
  3. 1 2 3 4 "Canadian Royalties Inc". 24 January 2013.
  4. ↑ "Data & analytics solutions".
  5. ↑ "Ji Lin Ji en Nickel Industry Company Limited Company Summary & News SHA:600432".
  6. ↑ "Jien Canada Mining Urges Canadian Royalties' Securityholders to Tender with Respect to Its Offers".
  7. ↑ "DJ Anshan Iron Inks Pact with Jilin's Horoc Nonferrous for Nickel | SMM".
  8. ↑ "The five largest nickel mines in operation in Canada". 3 June 2022.