[citation needed] JinChuan Group Ltd. (Chinese: 金川集团) produces a large variety of metals including nickel, copper, cobalt, platinum, palladium, gold, silver and selenium.
It owns the world’s third largest nickel-copper sulfide deposit and holds the Xiazi Ramu nickel mine in Qinghai.
In the 1960s, JinChuan company worked to build China’s first production line of Nickel, cobalt, and platinum group metals.
After the economic reform in 1979 -when China adopted several strategies to recover from the Cultural revolution- the national scientific and technological initiative was launched.
Jinchuan was then designated as one of the country’s three major comprehensive mineral resource bases, setting it on a path of leading technological innovation in the industry.
Historical timeline: June 1958: Tang Dongfu, a member of the 145th Team of the Northwest Coalfield Geological Exploration Bureau, discovered a malachite specimen containing copper in a mountain gully west of Baiji Azui.
Subsequently, on December 25, the Ministry of Metallurgy placed the Yongchang Nickel Mine under the administration of Baiyin Nonferrous Metals Corporation.
In recent years, the company has fully embraced new developmental concepts of Innovating, coordinating, greening, opening and sharing.