Jin Rong Jie·2025-08-13 03:05Core Viewpoint - Zijin Mining (02899) has signed an agreement with the Tanzanian government to obtain exclusive operating rights for the Dar es Salaam port's Malindi terminal and Kigoma port, enhancing its logistics and supply chain capabilities in Central African countries like the Democratic Republic of the Congo [1] Group 1: Agreement and Operational Enhancements - The agreement was signed on August 5, and it will allow Zijin Mining to upgrade and renovate the Malindi terminal and Kigoma port, improving infrastructure such as storage yards and warehouses [1] - The company will equip the ports with modern loading and unloading equipment and intelligent management systems, significantly enhancing cargo throughput capacity and optimizing logistics efficiency [1] - After the upgrades, the time for mineral products to arrive at the port via Dar es Salaam will be greatly reduced, positioning the Malindi terminal as a crucial gateway for copper from Africa [1] Group 2: Future Developments - To support the logistics system, Zijin Mining is designing and constructing several 2,000-ton bulk carriers in Tanzania, which are expected to be delivered by 2026 [1] - These modern vessels will be the first of their kind in Tanzania and are seen by the Tanzanian government as a significant achievement for attracting investment and promoting manufacturing upgrades [1]