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    Nonfemet strengthens grip on copper smelting with minority stake buyout

    2025-11-24 15:22:32   [Print]
    Shenzhen Zhongjin Lingnan Nonfemet Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright announced that it will acquire minority stakes in two subsidiaries, including 6.Asian Metal CopyrightShenzhen Zhongjin Lingnan Nonfemet Co.Asian Metal Copyright7784% of Shandong Zhongjin Lingnan Copper Industry Co.Asian Metal Copyright and 10.Asian Metal Copyright, Ltd.Asian Metal Copyright Upon completion, Nonfemet will effectively hold 100% of Zhongjin Copper.Asian Metal Copyright and 10.Asian Metal Copyright and 10.Asian Metal Copyright3333% of Zhongjin Lingnan Rongsheng (Dongying) Investment Co.Asian Metal Copyright, for a total cash payment of RMB742 million USD104 million.Asian Metal Copyright, Ltd.Asian Metal Copyright Upon completion, Nonfemet will effectively hold 100% of Zhongjin Copper.Asian Metal Copyright, for a total cash payment of RMB742 million (USD104 million).Asian Metal Copyright, Ltd.Asian Metal Copyright Upon completion, Nonfemet will effectively hold 100% of Zhongjin Copper.

    The acquisition aims to optimize resource allocation, strengthen control over the copper smelting segment, and support the company's strategic development goals.

    .Asian Metal Copyright, LtdAsian Metal Copyright
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