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    Zhuzhou Smelter Group to acquire 100% stake in Minmetals Copper

    2023-11-30 12:03:02   [Print]
    Zhuzhou Smelter Group announced that it plans to acquire a 100% equity interest in Minmetals Copper (Hunan) Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright held by Hunan Shuikoushan Nonferrous Metals Group Co.Asian Metal Copyright27 billion USD178 million in cash.Asian Metal Copyright, Ltd.Asian Metal CopyrightZhuzhou Smelter Group announced that it plans to acquire a 100% equity interest in Minmetals Copper Hunan Co.Asian Metal Copyright for RMB1.Asian Metal CopyrightZhuzhou Smelter Group announced that it plans to acquire a 100% equity interest in Minmetals Copper Hunan Co.Asian Metal Copyright27 billion (USD178 million) in cash.Asian Metal Copyright .Asian Metal Copyright Upon completion, Minmetals Copper will become a wholly-owned subsidiary of Zhuzhou Smelter Group.

    Minmetals Copper is engaged in the smelting and processing of nonferrous metals with revenue mainly coming from its copper cathode business. Through the acquisition, Zhuzhou Smelter Group aims to further improve its product mix based on the mining and smelting of lead and zinc.

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