ZHAOJIN MINING (01818) Achieves Milestone in Solar-Storage Integration, Bolstering Overseas Expansion with Global Operational Support System

Stock News2025-12-17

ZHAOJIN MINING (01818) has successfully completed and connected to the grid its 33.28MWp/37.50MWh solar-storage project at the Abujar Gold Mine in Côte d'Ivoire, a key overseas asset. This breakthrough not only resolves long-standing power supply constraints hindering stable operations but also strengthens the mine’s capacity for production expansion and cost efficiency, marking a successful debut for the company’s global integrated operational support system.

Since 2025, Côte d'Ivoire has faced persistent electricity shortages, severely limiting output at the Abujar Mine. In response, ZHAOJIN MINING swiftly mobilized its global support framework, deploying tailored solutions across talent dispatch, financing, equipment procurement, technical expertise, and logistics to ensure rapid project execution.

Post-commissioning, the mine now operates a smart microgrid integrating solar, storage, grid power, and diesel backup, enabling seamless transitions between on-grid and off-grid modes. This eliminates downtime caused by power shortages or switching disruptions while significantly reducing energy costs compared to traditional grid-diesel hybrid systems, securing long-term operational advantages.

Notably, this project is Côte d'Ivoire’s first large-scale renewable energy demonstration station in the mining sector following its New Energy Law. It underscores ZHAOJIN MINING’s commitment to ESG principles and green mining, showcasing Chinese mining firms’ responsible overseas development practices and setting a sustainability benchmark for the global gold industry.

As ZHAOJIN MINING enters a critical phase of its "Development Doubling Plan" during the 15th Five-Year period, its clear overseas strategy leverages this validated operational model to accelerate projects like Abujar, Odienné Mining, and King Gold Mining, aiming to build a global mining cluster and lead China’s gold industry in internationalization.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment