Jinchuan Group International Resources Co. Ltd. announced profit guidance for the year ended December 31, 2017. The company expected to record a consolidated profit attributable to the owners of the Company of not less than USD 30 million for the year ended 31 December 2017 (the consolidated profit attributable to the owners of the Company for the year ended 31 December 2016 was approximately USD 8 million). The increase in profit is mainly due to: (i) the increased effort by the management team to improve the operation efficiency of the Group; and (ii) the increase in the average selling price of cobalt and copper year-on-year respectively.