Zijin Mining and Jinduicheng Molybdenum Form Partnership for Shapinggou Molybdenum Mine
I'm PortAI, I can summarize articles.
Zijin Mining Group has partnered with Jinduicheng Molybdenum to develop the Shapinggou Molybdenum Mine in Anhui Province. The agreement includes a 24% equity transfer of Jinsha Molybdenum for RMB 1.73087 billion, with Jinduicheng leading the construction of a new Smelting Company. Post-transaction, Zijin will hold 60% of Jinsha Molybdenum, Jinduicheng 34%, and Jinzhai Urban Development 6%. The agreement is contingent on Jinduicheng's timely establishment of the Smelting Company.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments