Drill and Deal

Deals / Zijin Mining – Zangge Mining, 24.8% stake

Lithium, potash · announced 16 January 2025 · completed

Zijin Mining – Zangge Mining, 24.8% stake

A minority stake with board rights gave Zijin control without a full takeover.

Acquirer
Zijin Mining
Target
Zangge Mining, 24.8% stake
Announced
Metal
Lithium, potash
Announced value
about $1.87bn
Structure
Cash for a controlling stake
Status
Completed