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• Identification of the Suolong Cu-rich porphyry is suggestive of a new mineralization event. • The porphyry was generated from crust-mantle interactions during the roll-back of subducted NTO. • The features of magma promoted the enrichment of Cu, but thinned crust limited the scale of deposit. The Tibetan Plateau hosts the majority of porphyry Cu deposits in China. There are two large metallogenic belts, the Gangdese and Bangong-Nujiang belts, in the Lhasa Terrane, Central Tibet. The Lhasa Terrane experienced multistage magmatic activity from the Mesozoic to Cenozoic, and the subaerial volcanic areas of the western part of the terrane are regarded as favorable targets of porphyry Cu deposits. In this paper, we describe the geology of our newly identified Early Cretaceous Suolong Cu-rich porphyry in the western Lhasa Terrane and present new U–Pb ages, trace element and Hf isotopic compositions of zircon and whole-rock elemental and Sr–Nd isotopic compositions. The Suolong porphyry contains zircon grains with ages ranging from 136 to 135 Ma, ε Hf (t) values ranging from −1.5 ∼ +2.7 and log f O 2 values ranging from −16.27 ∼ −9.92. Geochemically, the porphyry rocks are peraluminous in nature, with whole-rock ε Nd (t) values of −5.7 ∼ −5.4. We infer that the Suolong porphyry originated from a mixture of ∼53 % enriched lithospheric mantle and ∼47 % ancient lower crustal melt, triggered by the roll-back of the northward-subducting Neo-Tethyan Ocean. The conditions of high oxygen fugacity and water content and tectonic transition promoted the formation of the Suolong Cu-rich porphyry, but the condition of a thinned crust may have constrained the mineralization scale of the Cu deposits. This new identification of Early Cretaceous mineralization event provides important clues for identifying new potential exploration targets for porphyry Cu deposits in the western segment of the Lhasa Terrane. [ABSTRACT FROM AUTHOR]