Core Viewpoint - Jiangxi Copper Co., Ltd. has signed an investment option agreement with First Quantum Minerals Limited to collaborate on exploration projects, which is expected to enhance its investment portfolio and operational capabilities in Kazakhstan [1][2]. Group 1: Company Developments - Jiangxi Copper's subsidiary, Jiangxi Copper (Hong Kong) Investment Co., Ltd., established a wholly-owned subsidiary, Jiangxi Copper Risk Exploration Management Co., Ltd., in Hong Kong [1]. - The company plans to invest $6.5 million to acquire a 14.9% equity stake and related debt in Lakeside Minerals Limited, which holds 14 mining rights in northern Kazakhstan's Balkhash Lake region [1]. Group 2: Agreement Details - The investment option agreement allows First Quantum's global exploration team to provide technical oversight for the Lakeside project [2]. - First Quantum Kazakhstan has an investment option for 51% of Jiangxi Copper's wholly-owned subsidiary in the Astana International Financial Centre (AIFC) for three years from the date Jiangxi Copper becomes a shareholder in Lakeside [2].
港股异动 | 江西铜业股份(00358)涨超4% 子公司与第一量子哈萨克签署《投资选择权契约》 合作勘探矿业项目