Ge Long Hui·2026-01-15 09:59Core Viewpoint - Zijin Mining Group Co., Ltd. has signed a project cooperation and equity transfer agreement with Jinduicheng Molybdenum Co., Ltd. for the integrated development and deep processing of the Shapingou Molybdenum Mine in Jinzhai County, Anhui Province [1] Group 1: Agreement Details - The agreement was signed on January 15, 2026, following a cooperation intention letter signed on August 29, 2025 [1] - Zijin Mining will transfer 24% equity of Jinsan Molybdenum Co. to Jinduicheng Molybdenum for a consideration of RMB 173,087 million [1] - Post-transfer, Zijin Mining will hold 60% of Jinsan Molybdenum, Jinduicheng Molybdenum will hold 34%, and Jinzhai County Urban Development Investment Co., Ltd. will hold 6% [1] Group 2: Project Significance - The Shapingou Molybdenum Mine is a rare super-large undeveloped porphyry molybdenum mine with significant resource reserves, single composition, concentrated ore body, and high grade [1] - This cooperation aims to create a complementary advantage where Zijin Mining leads the mining development and Jinduicheng Molybdenum leads the smelting and processing [1] - The project is expected to promote efficient development of the Shapingou Molybdenum Mine, extend the industrial chain, boost local economic development, and accelerate the transformation of resource advantages into economic benefits [1]