The Lakkor Tso lithium project in Tibet (Photo credit: Chinanews.com) Zijin News - On April 29th, Zijin Mining announced that it will acquire a 70% interest in the Lakkor Tso Lithium project in Tibet for RMB 4.897 billion. The Lakkor Tso salar is located in Mami Township, Gerze County, Ngari, Tibet. The proposed deal represents another breakthrough Zijin has made in the acquisition of lithium proj...

From Mozhugongka Town to Jiama County in Tibet, there are shops, restaurants and places of entertainment alongside the road. Tenzin Phuntsok, Chairman of village committee, who has been working in Jiama County for nearly 10 years, has witnessed the prosperity of the city.  “There were no trucks, digging machines and loaders in the village. After Zijin took over Julong Copper Co., Ltd, the company ...

Zijin News - On December 27, Tibet Julong Copper, an affiliate of Zijin Mining Group, held a ceremony to commence the commercial production of its Phase 1, which is expected to produce 160,000 tonnes of copper per annum after it reaches nameplate capacity. Zijin Mining bought a 50.1% stake in Julong Copper for RMB 3.88 billion in June 2020. The Tibetan company owns three mineral licenses: the Qulo...

Zijin News On July 9, Zijin Mining announced that Tibet Zijin Industrial Co., Ltd., a wholly-owned subsidiary of the Company, has completed the acquisition of 50.1% equity interest in Julong Copper held by Tibet Zangge Venture Capital Group Co., Ltd., Tibet Holding Limited by Share Ltd, Tibet Zhongsheng Mining Co., Ltd., Shenzhen Chenfang Asset Management Company Limited and Tibet Huibaihong Indus...