Jilin Horoc is a
China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...
company that is interested in the nonferrous metals.
It is mainly interested in nickel products.
It owns, through a subsidiary structure, 100% of the
Nunavik Nickel mine.
History
In September 2003, Jilin Jien Nickel Industry Co. was listed on the A-share market of the
Shanghai Stock Exchange
The Shanghai Stock Exchange (SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock Exc ...
with the stock code 600432. Jilin Jien is a subsidiary of Jilin Horoc.
[
In 2009 Jilin Jien bought for $192.5 million a distressed property named Canadian Royalties, which held the Nunavik mine outright.][
By 2013 Jilin Jien had invested $800 million more in the Nunavik mine.][
As of 2013, Jilin Jien's mining investments were located in Canada, ]Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...
, Indonesia, Russia, the Philippines and Papua New Guinea.[
The Nunavik mine was in 2023 Canada's fifth most productive nickel mine.]
References
{{reflist
Nickel mines in Canada
Mines in Quebec
Surface mines in Canada
Underground mines in Canada
1960 establishments in China