CITIC Securities said that LasBambas's production in Peru is...

CITIC Securities said that LasBambas's production in Peru is stable, negotiations with key communities are active, and production and cost guidelines are optimized to support the performance of Minmetals Resources. Meanwhile, the Jin Zixun mine expansion project is progressing smoothly and is expected to increase the company's production capacity. However, we should pay attention to the risk of fluctuations in copper and zinc prices, the risk of LasBambas community negotiations, and the risk of production discontinuation or production reduction due to environmental protection and safety factors.