LK(SH:600388) Xin Lang Cai Jing·2025-09-12 08:13Core Viewpoint - The company has acquired an 80% stake in GML through its wholly-owned subsidiary, achieving development rights for the 140MW hydropower project in the Democratic Republic of the Congo [1] Group 1: Acquisition Details - The total investment amount for the project is approximately $399 million, which will be self-funded by the company [1] - The project is located on the Lualaba River in the Lualaba Province, 200 km from the company's mining operations in Kolwezi [1] Group 2: Project Specifications - The expected construction period for the project is 3.5 years [1] - The anticipated annual utilization hours are 5,100 hours, with an expected annual electricity generation of 714 million kWh [1] - Upon completion, 90% of the generated electricity will be supplied to the company's mining operations in the Democratic Republic of the Congo, while 10% will be provided to local communities [1]