Company profile
Jiaxin International Resources Investment Co., Ltd. (hereinafter referred to as "Jiaxin International") was registered and established in Hong Kong in August 2014 (registration certificate: 2138962). Jiaxin International is composed of four shareholders, namely Hong Kong EverTrillion International Co., Ltd., Jiangxi Copper Industry Co., Ltd., China Railway Construction International Investment Group Co., Ltd., China Civil Engineering Group Co., Ltd.
The Boguty Tungsten Mine Project of Kazakhstan Zhetisu Tungsten Industry Co., Ltd. under Jiaxin International is one of the 45 key projects of production capacity cooperation between the governments of China and Kazakhstan.
We are a tungsten mining company focusing on the development of our Boguty tungsten mine (the “Boguty Project”) based in Kazakhstan, which was the world’s largest open-pit tungsten mine in terms of Mineral Resources of tungsten trioxide (WO₃) as of December 31, 2024, according to Frost & Sullivan. As of December 31, 2024, our Boguty tungsten mine was also the world’s fourth largest tungsten mine (including both open-pit and underground tungsten mines) in terms of Mineral Resources of WO₃, having the world’s largest designed tungsten concentrate production capacity among single tungsten mines, according to Frost & Sullivan. During the Track Record Period, we primarily focused on preparing the Boguty Project for commercial production, and the phase I commercial production of the Boguty Project commenced in April 2025 with a target annual mining and processing capacity of 3.3 Mt of tungsten ore in 2025.
We have completed pre-stripping and main construction work as of December 31, 2023 and installation of processing plant equipment and construction of the phase one embarkment of tailing storage facility (TSF) by the second half of 2024. We have brought the Boguty Project into the phase I commercial production in April 2025. We expect to complete the integration of ore sorting system into the existing mining flowsheet in 2026 and bring the Boguty Project into the phase II commercial production in the first quarter of 2027.
2014
Our company was established.
45
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One of the 45 key projects within the China-Kazakhstan Production Cooperation framework.
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World’s fourth largest tungsten mine in terms of Mineral Resources of tungsten trioxide (WO3）
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World’s largest open-pit tungsten mine in terms of Mineral Resources of tungsten trioxide (WO3）
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