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Radar · Mining in China

Best Mining Companies in China

The 175 best Mining companies in China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Tage I-Driver.

175companies tracked
$253.4Mdisclosed funding
0unicorns
14have raised

Mining in China is moving faster than the funding numbers alone suggest, and our directory of 175 tracked companies with $253M in total disclosed equity is the clearest ranked view you'll find of who's actually capitalized to compete. Two names dominate that pool: Tage I-Driver at $98M and Zhaojin at $95M, together accounting for well over three-quarters of all disclosed capital, while the rest of the field runs thin, with Ganzhou Good Friends Technology at $14M and IRC at $30M rounding out the meaningful tier. No unicorns yet. That gap between the top two and everyone else tells you something real about concentration risk in this sector.

What's driving coverage growth right now is a cluster of themes that feel genuinely operational: analytics tooling, mine inspection protocols, diamond drilling, and mineral tenure disputes that are reshaping how operators think about asset control. China's active Belt and Road mining diplomacy is pulling fresh attention toward Chinese mining players as regional partners, which I'd argue accelerates both deal flow and regulatory scrutiny at home. Investors like Goldstone Investment, NewMargin Ventures, and GSR United Capital are the ones placing bets here, so if you're scanning for signal on where smart money is moving inside this sector, their portfolios are where to start.

FLIAR INTELLIGENCE · MINING × CHINA

Our analysis of 100 Mining companies

$17.0b in tracked funding; 82% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

100companies analysed
82%cloud-native stacks
2025funding peak (by rounds)
2006median founding year
48median Fliar Index™

Ranked: Best Mining companies in China

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1Tage I-Driver
Develops products for autonomous driving of mining vehicles
$98M1 mo agoSeries DYu Guizhen
CEO
2016———
2Zhaojin
Mining and exploration company focused on gold assets
$95M52 mo agoPublicZhao Le
CEO & MD
2004JavaReactNginx+410 patents
Vehicle thermal‑management components and quick‑freeze food processing equipment
—
3IRC
Producer and distributor of iron ore and industrial commodities products
$30M96 mo agoPublicYury Makarov
CEO
2010———
4Songzai International Holding Group
Provider of coal mining services
$15M185 mo agoSeries BHongwen Li
CEO
2001———
5Ganzhou Good Friends Technology
Provider of sorting equipment for mining
50Talent top 38%Funding top 50%Global bottom 29%
All 3 signals ▾
Talenttop 38%
Fundingtop 50%
Globalbottom 29%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding: Raised $14.0M across 1 rounds · 1 rounds over 5 yrs (0.2/yr)
rank vs industry peers · Fliar Intelligence Index 50/100
$14M30 mo agoSeries CHe Pengyu
CEO
2015———
6Shi Xiucai
Provider of platform for stone procurement
$582K93 mo agoSeedWang Haiming
CEO
2014———
7Century Global
Provider of mining exploration services
$310K16 mo agoPublic—2015—7 patents
Design and production of wearable articles and accessories (protective clothing).
—
8Borneo Resource Investments
Provider of gold and coal mining services
$95K173 mo agoDeadpooledNils Andrew Ollquist
Chairman & CEO
2004———

Top 12 Mining companies in China

#1
Series D · Haidian, Beijing · founded 2016
$98.4Mraised
▾

TageIDriver develops products for autonomous driving of mining vehicles. The company claims to develop products for application in the ADAS vision-sensing terminals & autonomous driving robots. The company's product range includes car vision solutions, autonomous robots to provide smart & safe advanced vehicle assistance & autopilot products to businesses & individual users.

Funding rounds
  • Apr 2026Series D—
  • Sep 2023Series C$54.6M
  • Nov 2022Series C$14.1M
  • Jan 2021Series B—
Founders & team
Yu GuizhenCEO
Investors
Hefei Industrial Investment Holdings, China Energy, Luxin Venture Capital Group, JAC Capital, Chentao Capital, GSR United Capital
#2
Public · Yantai, Shandong · founded 2004 · 6759 employees
$95Mraised
▾

Mining and exploration company focused on gold assets

Funding rounds
  • Feb 2022Post IPO$95M
Founders & team
Zhao LeCEO & MD
Investors
Orion Resource Partners, Wheaton Precious Metals Corporation, Fosun Capital
Tech stack
Apache Http ServerCnzzHstsJavaJqueryNginx
#3
Series C · Shenzhen, Guangdong Province · founded 2015
$14Mraised
▾

Provider of sorting equipment for mining

Fliar Intelligence Index™ 50how this company ranks against its industry peers
Talent
top 38%
Funding
top 50%
Global
bottom 29%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding: Raised $14.0M across 1 rounds · 1 rounds over 5 yrs (0.2/yr) · Last round Series C (Dec 2023)
Global: Single-market focus (China)
Funding rounds
  • Dec 2023Series C$14M
  • Sep 2022Series B—
  • Aug 2021Seed—
Founders & team
He PengyuCEOHe PengyuCEO
Investors
GSR United Capital, Jiangxi Copper, Shenwan Innovation Investment
#4
Public · Kowloon, Hong Kong · founded 2015 · 26 employees
$309.5Kraised
▾

Provider of mining exploration services

Funding rounds
  • Jan 2025Post IPO$309.5K
#5
Public · Hong Kong, Hong Kong · founded 2010 · 1629 employees
$30Mraised
▾

IRC limited is a producer and distributor of iron ore and industrial commodities products in China. IRC owns and operates projects in the Russian Far East with existing facilities such as road, rail, energy, and water infrastructure to deliver products quickly and low costs. It is focusing its resources on K&S mine which is able to produce 3.2 million tonnes of high-grade iron ore concentrates per annum as of June 2018.

Funding rounds
  • Jun 2018Conventional Debt$30M
Founders & team
Yury MakarovCEO
Investors
Petropavlovsk
#6
Series B · Harbin, Heilongjiang · founded 2001
$15Mraised
▾

Provider of coal mining services

Funding rounds
  • Jan 2011Series B$15M
Founders & team
Hongwen LiCEO
#7
Seed · Fujian · founded 2014
$581.9Kraised
▾

Shi Xiucai is a provider of platform for stone procurement. The products offerings include Sky Eye System is a stone transaction-purchasers, sellers solution, Stone/block mining is a platform to complete the docking of the supply and demand ends, Logistics Collection is a big data mining platform to monitor and calculate the freight demand and transportation capacity in real-time, etc.

Funding rounds
  • Aug 2018Angel$581.9K
Founders & team
Wang HaimingCEO
#8
Deadpooled · Hong Kong, Hong Kong · founded 2004
$95Kraised
▾

Provider of gold and coal mining services

Funding rounds
  • Jan 2012Post IPO$95K
Founders & team
Nils Andrew OllquistChairman & CEO
#9
Public · Hong Kong, Hong Kong · founded 1993 · 67 employees
—raised
▾

Exploration of lead and silver metals

Fliar Intelligence Index™ 32how this company ranks against its industry peers
Funding
top 36%
Talent
bottom 49%
Market
bottom 34%
Global
bottom 30%
Funding: 2 rounds over 5 yrs (0.4/yr) · Last round Post IPO (Feb 2024) · Stage: Public
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Market: 67 employees
Funding rounds
  • Feb 2024Post IPO—
  • Jan 2021Post IPO—
Founders & team
Wah WongCEO
#10
Public · Chengdu, Sichuan Sheng · founded 1995 · 2191 employees
—raised
▾

Tianqi Lithium is a group company engaged in the lithium extraction and li-battery separator manufacturing in China & Australia. Holds 100% equity interest in Yajiang Cuola Mine and Talison, a subsidiary company processes & extracts lithium from ore in Greenbushes, Western Australia. Owns 146 patents in the extraction and manufacturing of lithium carbonate, lithium hydroxide, and lithium chloride. Partnered with Aerospace Power Technology to develop and manufacture lithium-ion power batteries and integrated system.In 2022, the company recorded annual revenues of $5.96B and a net profit of $3.56B.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 18k LinkedIn followers — 24.8% of this cohort's audience
Funding rounds
  • Aug 2023Post IPO—
Founders & team
Vivian WuCEO & President
Investors
Lgchem
Tech stack
Animate.CssIisJqueryScrollrevealSwiperWindows Server
#11
Series A · China · founded 2020 · 100 employees
—raised
▾

Provider of autonomous driving vehicles for mining vehicles. The company develops integrated autonomous driving vehicles for mining. It offers high-precision positioning system, 5G network for communication, equipment health monitoring system, and more.

Funding rounds
  • Apr 2023Series A—
  • Nov 2021Seed—
  • Apr 2021Seed—
Investors
Delta Capital, Shunwei Capital, Zhongguancun Development Group
#12
Series C · Qingdao, Shandong · founded 2014 · 80 employees
—raised
▾

AI-based and autonomous driving system for mining. Its product Parallel driving 3.1 is an integrated automatic driving solution with functions such as operation management, online status monitoring, and safe takeover of emergency driving. Its also offers other solutions such as unmanned mine solution and remote emergency driving.

Funding rounds
  • Aug 2022Series C—
Investors
Far East Horizon, Cathay Innovation, SAIF Partners

Funding & investor landscape

$253.4Mtotal disclosed funding
8companies funded
10disclosed rounds
1rounds last 90 days
Most active investors
Goldstone Investment 3 rounds
NewMargin Ventures3 rounds
GSR United Capital2 rounds
JD Capital2 rounds
Petropavlovsk2 rounds
SAIF Partners2 rounds
Tianying Capital2 rounds
Anhui Yitong Technology1 rounds
Binhu Industry Group1 rounds
Blueflame Capital1 rounds

Notable founders

Yu Guizhen
CEO · Tage I-Driver
Zhao Le
CEO & MD · Zhaojin
He Pengyu
CEO · Ganzhou Good Friends Technology
Yury Makarov
CEO · IRC
Hongwen Li
CEO · Songzai International Holding Group
Wang Haiming
CEO · Shi Xiucai
Nils Andrew Ollquist
Chairman & CEO · Borneo Resource Investments
Wah Wong
CEO · CHNR
Vivian Wu
CEO & President · Tianqi Lithium
Prism market signals · China · country-scoped Prism corpus, 3,720,923 docs

Market landscape — 10 sub-themes by coverage

Share of Mining coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · China

How research on Mining Technology is moving in China

A read on the academic research around Mining Technology — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1,144 China-affiliated papers.

research sentiment over time
200820172026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 12% → 31% across 2008–2026.
top research entities
  • Kunming University of Science and Technology144
  • Beijing General Research Institute of Mining and Metallurgy90
  • Central South University67
  • Jiangxi University of Science and Technology53
  • China University of Mining and Technology43
leading researchers
Xiong Tong · Shu Ming Wen · Shuming Wen · Quan Jun Liu · Si Qing Liu · Qing Jia · Cheng Gan · Yi Jie Wang
▲ Breakthroughs58 · 5%
▲ 3%→9% share
▲3.0× share momentum0 median citations53% since 2021mostly methods-led
Mineral research tripled (2→6 papers), with Leaching and Adsorption newly emerging, signaling intensifying hydrometallurgical breakthroughs in Chinese mining.
rising sub-themes (early→recent)
  • Mineral2→6
Newly emergingLeaching (pedology) 0→5 · Adsorption 0→5
Landmark Electrocoagulation: A Promising Method to Treat and Reuse Mineral Processing Wastewater with High COD · 73 cites
◆ Advancements608 · 53%
53%→53% share
▲1.0× share momentum0 median citations30% since 2021mostly empirical
Extraction (chemistry) research tripled (2→6) and Lithium newly emerged (6 papers), reflecting rising battery-materials focus in Chinese mining advancement.
rising sub-themes (early→recent)
  • Quartz4→8
  • Raw material9→13
  • Extraction (chemistry)2→6
  • Adsorption1→5
  • Sulfuric acid2→4
Newly emergingLithium (medication) 0→6 · Dissolution 0→5
Landmark The critical importance of pulp concentration on the flotation of galena from a low grade lead–zinc ore · 49 cites
▼ Concerns97 · 8%
▲ 8%→10% share
▲1.2× share momentum0 median citations36% since 2021mostly empirical
Beneficiation research is intensifying — papers rose 8→10 as Chromite concerns more than doubled (2→5) in Chinese institutions.
rising sub-themes (early→recent)
  • Chromite2→5
  • Beneficiation8→10
Landmark The Challenges of Reusing Mining and Mineral-Processing Wastes · 412 cites
RESEARCH HOTSPOTS · China

Where mining tech is researched across China

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Beijing154 · +0.32
Hot · Mineral processingAdvancing · MetallurgyOpportunity · UraniumConcern · Chromite
Wuhan41 · +0.20
Hot · BeneficiationAdvancing · GangueOpportunity · TailingsConcern · Mineral processing
Guangzhou/Shenzhen27 · +0.40
Hot · ScheeliteAdvancing · Tungsten
Shanghai13 · +0.42
Hot · GrindingAdvancing · Mineral processingOpportunity · Iron ore
PATENT SIGNAL · China

Who's filing mining tech patents in China

China mining tech patent filing is accelerating — 34 filings from 42 assignees (2016–2025), led by LI Chunou, UNIV Jiangxi SCI & Technology, UNIV Wuhan TECH; annual filings 2→13.

34 filings42 assigneespeak 13/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • LI Chunou6
  • UNIV Jiangxi SCI & Technology4
  • UNIV Wuhan TECH3
  • Jiangxi Naipu Mining Machinery2
  • Liuzhou Huaxi Colored Design And2
  • Beijing LRS TECH2
  • UNIV North China Science & Techn2
  • GEM2

Common questions

How many Mining companies are there in China?
Radar tracks 175 indexable Mining companies headquartered in China that meet our profile-completeness bar.
What is the total funding raised by Mining companies in China?
The Mining companies in China on this list have raised a combined $253.4M in disclosed equity funding across 8 funded companies.
Which is the highest-funded Mining company in China?
Tage I-Driver is the highest-funded Mining company in China, with $98.4M in disclosed equity funding.
How many Mining companies in China are funded?
8 of the 175 Mining companies in China on this list have disclosed at least one equity funding round.
How many Mining unicorns are there in China?
None of the Mining companies in China on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in China Mining companies?
The most active investors in China Mining companies on this list include Goldstone Investment , NewMargin Ventures, GSR United Capital, JD Capital, Petropavlovsk.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

Coming soon