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Zijin to Gain Controlling Stake in Chinese Miner Zangge for RMB 13.7 BillionOn January 16, 2025, Zijin Mining announced it will acquire a 24.82% interest in Zangge Mining at RMB 35 per share, for a total of RMB 13.729 billion. The acquisition, to be made through its wholly-owned subsidiary, Zijin International Holdings, will bring Zijin’s total stake in Zangge to 25%. Combined with corporate governance arrangements, this will allow Zijin to secure control of Zangge and co...2025/01/20
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Zijin Mining Donates RMB 30 Million for Earthquake Relief in Shigatse, XizangOn January 8, Zijin Mining announced a donation of RMB 30 million (approximately US$ 4.1 million) to support earthquake relief efforts in Tingri County, Shigatse, Xizang. This includes RMB 10 million from Zijin Mining’s headquarters and an additional RMB 20 million from its three subsidiaries operating in Xizang—Julong Copper, Xianglong Copper, and Lakkor Resources. The funds will be used for emer...2025/01/08
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Lakkor Resources Completes First Onboarding Program for Local Employees at Fuzhou UniversityOn June 15, the first mining training program for new employees of Lakkor Resources, operator of Zijin Mining’s Lakkor Tso Lithium Project in Tibet, concluded at the Zijin School of Geology and Mining, Fuzhou University. A ceremony was held to celebrate the graduation of the 29 trainees from the Ngari prefecture of Tibet. Jointly organized by the Gerze County Government and Lakkor Resources, the p...2023/06/27
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Lakkor Tso Produces Battery-Grade Lithium Hydroxide During Pilot-Scale TestingLakkor Tso Produces Battery-Grade Lithium Hydroxide During Pilot-Scale Testing Zijin News – On November 10, the Lakkor Tso lithium project produced its first battery-grade lithium hydroxide monohydrate (LHM) during pilot-scale testing. The project team successfully engineered and executed a process flow, paving the way for further verifying the feasibility of the lithium extraction process. Lakkor...2022/11/18