Tongling Nonferrous Metals Group (000630.SZ) won the exploration and mining rights for the Jiguan Mountain-Hucun Copper Gold Molybdenum Mine for 3.204 billion yuan.

date
19:56 05/11/2025
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GMT Eight
Tongling Nonferrous Metals Group Co., Ltd. (000630.SZ) released an announcement on November 4, 2025, that the company has completed a transaction with a value of 3.204 billion yuan...
Tongling Nonferrous Metals Group (000630.SZ) announced on November 4, 2025, that the company won the exploration and mining rights of the Jiguan Mountain-Hucun Copper, Gold, and Molybdenum Mine for 3.204 billion yuan, and jointly signed the "Confirmation of Exploration Rights Transfer Transaction" with the Anhui Province Real Estate Registration Center (Anhui Province Land and Resources Reserve Development Center). The exploration and mining rights of the Jiguan Mountain-Hucun Copper, Gold, and Molybdenum Mine are located near the Dongguashan Copper Mine in Tongling City, Anhui Province. Winning these exploration rights aligns with the company's development strategy focusing on the copper industry as its main responsibility and main business. It is beneficial for increasing the company's reserves of non-ferrous metal resources, further enhancing its sustainable development capabilities, and promoting the company's growth, strength, and optimization.