Tongling Nonferrous Metals Group Co., Ltd. (Tongling Nonferrous) announced that the Mirador Copper Mine of its controlled subsidiary China Railway Construction Tongguan Investment Co., Ltd. has officially resumed production on both lines on January 1, 2025, following a shutdown caused by Ecuador's power rationing policy.

As a core asset of Tongling Nonferrous, the shutdown of the Mirador Copper Mine adversely affected the company's operations and performance. With the resumption of production, Tongling Nonferrous will regain stable revenue, helping to offset losses and demonstrating the company's response capabilities and resilience.

The resumption of production was due to improvements in Ecuador's power supply or timely policy adjustments. Tongling Nonferrous will continue to monitor Ecuador's policy dynamics and the operational situation of the Mirador Copper Mine to ensure the company's stable development.

Meanwhile, the company will strengthen internal management and improve operational efficiency to address future challenges and opportunities.