China Kings Resources outlines expansion, profitability plans for 2025

China Kings Resources Group (Jinshi Resources) held its Q3 2025 investor presentation on November 28, 2025, detailing operational performance and future strategies. The company aims to increase its domestic mining output of fluorite products to approximately 400,000 to 450,000 tons this year. Expansion initiatives include technical upgrades at Xiangzhen Mining Industry and progress on exploration rights at Jiangshan Jingshi.

The company also addressed its Baotou "integrated selection and chemical production" project, noting its potential for expansion given the region's "Trillion Yuan Fluorine Material Base" plan and vast fluorite resources. The upgrade of the hexafluorophosphate production line is expected to be completed by Q3-Q4 2026, with current production targeted at 50 tons in November and an increase to 60-100 tons in December.

Regarding profitability, Jinshi Resources reported that its anhydrous hydrofluoric acid business maintained a gross profit margin of approximately 11% in the first three quarters of 2025. While cost-saving measures have been implemented, rising sulfuric acid prices may impact Q4 profitability. The company is actively managing its product portfolio by diversifying into fluorochemicals and resource utilization to enhance overall profitability.