China’s Zijin in takeover talks for lithium group

Zijin in talks to buy $6.4 billion China lithium miner
Zijin, a global powerhouse in copper and gold, is advancing its push into the lithium sector with the potential acquisition of Zangge Mining.
China’s Zijin in Deal Talks With $6 Billion Lithium Miner
Zijin Mining Group Co., one of China’s most acquisitive miners, says it’s in discussions to buy shares and potentially to take over Zangge Mining Co. Ltd. a lithium and potash producer.
China's Zijin Mining in Talks to Buy Controlling Stake in Zangge Mining
Zijin is in talks with Tibet Zangge Venture Capital and Ningbo Meishan Bonded Port Area Xinsha Hongyun Investment Management, which collectively own about 40% stake in the 46.63 billion yuan ($6.36 billion) miner, according to LSEG data.
China’s Zijin in takeover talks for lithium group as miners push into battery supply chain
Chinese businesses continue to establish dominant foothold in fast-growing sector despite decline in metal’s price
Zijin Mining Group Eyes Potential Acquisition of Zangge Mining
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Zijin Mining in Talks to Acquire Stake in US$6.4 Billion Chinese Lithium Miner
China's Zijin Mining Group (OTC Pink:ZIJMF,SHA:601899) is reportedly in negotiations to acquire a potential controlling interest in Zangge Mining (SZSE:000408), a Chinese lithium producer. According to Bloomberg,
Zijin Mining in talks to acquire Zangge Mining to expand lithium operations
The company primarily produces potash but derives around one-third of its revenue from lithium extracted from salt lakes in Qinghai.
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