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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Zijin Mining to acquire controlling stake in Zangge Mining for RMB 13.7 billion · Endata

◂ Announcements

Mining Equipmentworld trade 2024+3.1% 5Y CAGR

Jan 16, 2025ACQUISITIONChina

Zijin Mining to acquire controlling stake in Zangge Mining for RMB 13.7 billion

Zijin Mining announced it will acquire a 24.82% interest in Zangge Mining for RMB 13.729 billion, bringing its total stake to 25% and securing control. Zangge holds copper, lithium, and potash assets in Xizang and Qinghai.

Value

$1.90B (13.7B CNY)

Status

Announced

Productscopperlithiumpotash

CompaniesZijin Mining Group acquirer Zangge Mining target

Sectors#Mining Equipment

“The acquisition marks Zijin’s single largest investment deal to date.”fr.zijinmining.com

1 source
fr.zijinmining.com双碳动态-Groupe Zijin Mining Co., Ltd.design by www.jerei.comJan 20, 2025

Summarized from public sources; check the original articles before acting on it.

More from Zijin Mining Group

Nov 14, 2024CONTRACTZijinshan copper-gold mine, China
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Sep 5, 2023CONTRACTKamoa-Kakula Copper Mining Complex, Democratic Republic of the Congo, Congo - Kinshasa$63.0M
Epiroc wins SEK 700M order from Kamoa Copper for Kamoa-Kakula expansion
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May 9, 2023CONTRACTChina$93.0M
Metso wins €85M comminution circuit order from Zijin Mining
Metso supplier Zijin Mining Group customer miningmagazine.com
May 9, 2023CONTRACTTibetan Autonomous Region, China$93.0M
Metso wins EUR 85M concentrator equipment order for Zijin's Julong copper project
Metso supplier Zijin Mining Group customer metso.com
Mar 15, 2022PRODUCT LAUNCHXuzhou, China
XCMG launches world's largest 400-ton mining truck XDE440
XCMG China Minmetals Corporation customer im-mining.com newswire.ca
Jul 23, 2021ACQUISITIONTigray National Regional State, Ethiopia, Ethiopia$900K
Zijin Mining to acquire majority stake in East Africa Metals' Harvest Project
Zijin Mining Group acquirer East Africa Metals Inc. target br.advfn.com

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