Yunnan Copper to acquire 40% stake in Liangshan Mining
2025-07-22 14:39:58 [Print]
Yunnan Copper plans to acquire a 40% stake in Liangshan Mining from Yunnan Copper Group through a share issuance, and raise supporting funds by issuing shares to Aluminum Corporation of China (CHINALCO) and China Copper Co., Ltd. The deal is valued at approximately 2.32 billion yuan (324 million US dollars). Yunnan Copper already holds a 20% stake in Liangshan Mining and will become its controlling shareholder after the transaction.
Liangshan Mining is engaged in the mining, processing, and smelting of copper and other metals. Its main products include anode copper, iron concentrate, molybdenum concentrate, and sulfuric acid, which are respectively used in sectors such as copper processing, steelmaking, alloy production, and chemicals.
Liangshan Mining is engaged in the mining, processing, and smelting of copper and other metals. Its main products include anode copper, iron concentrate, molybdenum concentrate, and sulfuric acid, which are respectively used in sectors such as copper processing, steelmaking, alloy production, and chemicals.
Copper Conc. 20%min Delivered China
Unit:RMB/mt Cu
China copper concentrate producers' number MoM output increase statistics by province by month
Unit: pcs
