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China's Zijin Mining to buy Canada's Neo Lithium for $769mln

China’s Zijin Mining Group is to buy Canada’s Neo Lithium Corp for about C$960 million ($769 million), according to a company filing to the Shanghai Stock Exchange (SSE) on Monday October 11.
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Chinese lithium giants seek overseas projects, but face uncertainties

Chinese upstream lithium firms have been expanding their overseas footprint this year, especially in the Lithium Triangle – the lithium-rich region in South America – to meet surging demand for the key resource for making electric vehicle (EV) batteries. ....

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Zijin Mining to Acquire Neo Lithium Corp. in All-Cash Offer

All monetary amounts are expressed in Canadian Dollars, unless otherwise indicated. Zijin Mining Group Co., Ltd. and Neo Lithium Corp. are pleased to announce that they have entered into a definitive agreement pursuant to which Zijin has agreed to acquire all of the outstanding shares of Neo Lithium at a price of C$6.50 per share in cash. The Offer Price represents a premium of approximately 36% over Neo Lithium's . ....

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From Zijin Mining to Rio Tinto's traditional mining giants to embrace new energy has become a global trend?_SMM

From Zijin Mining to Rio Tinto's traditional mining giants to embrace new energy has become a global trend?_SMM
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Chen Jinghe , Zijin Mining Company , Rio Tinto , Zijin Mining , Western Australia , ரியோ டின்டோ , மேற்கு ஆஸ்திரேலியா ,

Tight supply is still expected to strengthen copper prices into a long-term bull market?_SMM

Tight supply is expected to strengthen copper prices into a long-term bull market? Against the backdrop of rising inflation expectations and rising global commodity prices, the performance of domestic listed companies in the copper industry rose across the board in the first quarter of this year. Statistics from Star Mine of the Financial Associated Press show that the 12 listed companies in the copper industry in which A shares have issued quarterly reports have all increased significantly, with an average net profit increase of 288% compared with the same period last year. Industry analysts generally believe that in the short term, under the background that it is difficult to increase the supply of international copper mines disturbed by the epidemic and the rapid growth of copper demand driven by the new energy industry, the rise of copper prices has been strongly supported. ....

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