- CEO
- Shu Cheng Zhang
- Full Time Employees
- 1,598
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- Xingye Building Chifeng MO China 024000
- IPO Date
- Aug 28, 1996
- Business
- Inner Mongolia Xingye Yintin Mining Co., Ltd. (formerly Inner Mongolia Xingye Mining Co., Ltd.) is a China-based company primarily engaged in the mining, selection, smelting, and sales of non-ferrous and precious metals. Its core products include silver, tin, zinc, lead, iron, copper, bismuth, tungsten, antimony, and other non-ferrous and black metals. The company operates mainly within the domestic market in Inner Mongolia and has strategically expanded its footprint globally. Its business segments encompass mining, smelting, trading of metal mineral products, research and development related to mining and processing technologies, and investment activities including mergers and acquisitions.
Founded in 1996 and headquartered in Chifeng, China, Inner Mongolia Xingye focuses on resources development with a strong emphasis on silver and tin mining. Recently, in 2023, the company officially changed its name to Inner Mongolia Xingye Yintin Mining Co., Ltd. to reflect its strategic focus. In the past two years, the company has actively pursued growth through acquisitions, including the acquisition of an 85% stake in Chifeng Yubang Mining for approximately 2.4 billion yuan, significantly increasing its ore processing capacity and silver production volume. It also completed the acquisition of Atlantic Tin Limited, an Australian company with tin mining operations in Morocco, marking a notable international expansion. Additionally, it acquired a 70% stake in Tibet Bosheng Mining Development Co., Ltd. for its gold mining projects and holds a significant investment in Australia's Far East Gold Limited. These acquisitions and investments underscore the company's strategic shift towards diversifying its mineral resource portfolio and expanding its geographic presence beyond China.
Inner Mongolia Xingye's operations encompass industrial-scale mining and smelting activities, process innovation in mineral extraction and tailings recycling, and extensive metal trading services. The company services a broad range of customers including industrial manufacturers and metal traders, leveraging its diversified product line that spans precious metals and strategic non-ferrous metals. Its extensive subsidiaries enhance its operational capabilities and support its growth ambitions in the competitive mining sector. The company continues to focus on technological upgrading, environmental sustainability, and strategic resource expansion to strengthen its market position domestically and internationally.