China's Zijin Mining in talks to buy controlling stake in Zangge Mining
China's Zijin Mining said on Friday it was in talks with Zangge Mining's top two shareholders to buy a potential controlling stake in the company. Zijin is in talks with Tibet Zangge Venture Capital and Ningbo Meishan Bonded Port Area Xinsha Hongyun Investment Management,
Zijin Mining in talks to acquire Zangge Mining to expand lithium operations
The company primarily produces potash but derives around one-third of its revenue from lithium extracted from salt lakes in Qinghai.
China’s Zijin in Deal Talks With $6 Billion Lithium Miner
Zijin Mining Group Co., one of China’s most acquisitive miners, says it’s in discussions to buy shares and potentially to take over Zangge Mining Co. Ltd. a lithium and potash producer.
Zijin Mining in Talks to Acquire Stake in US$6.4 Billion Chinese Lithium Miner
China's Zijin Mining Group (OTC Pink:ZIJMF,SHA:601899) is reportedly in negotiations to acquire a potential controlling interest in Zangge Mining (SZSE:000408), a Chinese lithium producer. According to Bloomberg,
Zijin in talks to buy $6.4 billion China lithium miner
Zijin, a global powerhouse in copper and gold, is advancing its push into the lithium sector with the potential acquisition of Zangge Mining.
Zijin in talks over controlling stake in Zangge Mining
Zijin Mining is in talks with Zangge Mining to acquire a controlling stake in the $6billion lithium miner, as it seeks to up its presence in the lithium market
China’s Zijin in takeover talks for lithium group as miners push into battery supply chain
Chinese businesses continue to establish dominant foothold in fast-growing sector despite decline in metal’s price
Zijin Mining Group Eyes Potential Acquisition of Zangge Mining
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Zijin adds to lithium push with talks to buy $6 billion miner
Lithium’s crash since late-2022 — prices have slumped nearly 90% — has hammered listed producers and fueled a spurt of dealmaking. Rio Tinto Group, the world’s second-biggest mining group, last year agreed to buy Arcadium Lithium Plc for $6.7 billion.
Zijin Mining Announces $6 Billion Domestic Acquisition, Sets Stage For Lithium Expansion
China's Zijin Mining Group advancing talks to acquire Zangge Mining Co., valued at $6.4 billion. Deal aligns with Zijin's ...
Shell begins production at Whale in US Gulf of Mexico
Oil and gas major Shell said on Thursday it had started production at the offshore floating facility Whale located in the ...