Established in 1956, ZTS Non-ferrous Metals Group Co., Ltd. (referred to as the “ZTS Group”) is based on cooper industry but runs multiple industries simultaneously. It is the largest copper conglomerate in North China region, integrating selecting, purchasing and smelting, processing trade, power generation and transportation, building materials, machinery manufacturing, research and design, and other businesses. As one of asset management businesses authorized by the Shanxi Provincial People’s Government, ZTS is also one of important copper production bases in China.
In
order to improve ZTS Group’s ability to control strategically important mineral
resources and to further strengthen North Copper Industry, ZTS Group acquired
the stake of Northern Copper Industry held by South Korea SKN in 2014. The
Company undertook the appraisal business, acting as an appraisal institution
recognized by both sides of the transaction.
Northern
Copper Industry is the largest copper producer in North China, integrating
copper mining, selecting, smelting and processing trade and other businesses.
Notably, it has Asia’s largest underground non-coal mine -- Tongkuangyu Copper,
with a mining production capacity of six million tons per annum.