Common Contracts

Announcement in relation to the Acquisition of an Asset Bundle Consisting of Four Assets Including the Lakkor Tso Salt Lake Lithium Mine in Tibet Held by DunAn Group

May 2nd, 2022

• Filed
  May 2nd, 2022

● Zijin Mining Group Co., Ltd.* (the “Company” or “Zijin Mining”) signed a cooperation agreement (the “Cooperation Agreement” or “Agreement”) with DunAn Holding Group Co., Ltd. (“DunAn Group”) and China Zheshang Bank Co., Ltd. Hangzhou Branch (“CZBank Hangzhou Branch”). The Company proposed to acquire an asset bundle consisting of four assets held by DunAn Group (including 70% interest in the Lakkor Tso Salt Lake Lithium Mine in Ngari, Tibet). The total consideration of the target assets under the transaction is RMB7,682,124,435.