# 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.

- Type: Acquisition
- Announced: 2025-01-16
- Where: China
- Value: $1.90B (13.7B CNY)
- Status: announced
- Products: copper, lithium, potash
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Zijin Mining Group](https://endata.com/companies/44113.md) (acquirer)
- [Zangge Mining](https://endata.com/companies/82409.md) (target)

## Sources

- [fr.zijinmining.com](https://fr.zijinmining.com/global/emission-news-detail-121729.htm), 2025-01-20: "The acquisition marks Zijin’s single largest investment deal to date."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.