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盐湖股份:终止高地资源项目合作事项

Core Viewpoint - Salt Lake Potash (000792) announced on August 18 that it signed a project cooperation letter of intent with Highfield Resources Limited, Yancoal Energy Group Co., Ltd., and EMR Capital, intending to invest approximately $300 million to acquire ordinary shares of Highfield Resources, aiming to become its largest shareholder and gain control over certain projects [1] Group 1 - The company intends to invest around $300 million in Highfield Resources to become its largest shareholder [1] - The agreement includes governance arrangements to gain actual control over Yancoal Canada Resources Ltd., Highfield Resources, and its subsidiaries, including the Southey potash project and the Muga project [1] - Following the signing of the letter of intent, the company established a dedicated working group to conduct due diligence in areas such as resources, technology, and legal aspects [1] Group 2 - After comprehensive evaluation, the company determined that the conditions for advancing the project cooperation were not mature at this stage [1] - The company has prudently decided to terminate the project cooperation matter [1]