Chengtun Mining to take over copper and cobalt mine assets in DRC

According to report, Chengtun Mining announced on February 26 that it plans to acquire 100% equity interest in Nzuri Copper Limited through its indirectly and wholly owned subsidiary Xuchen International Limited for consideration of no more than AUD114 million in cash (RMB546 million).Asian Metal Copyright FTB project covers an exploration area of 334 square kilometers.Asian Metal Copyright Nzuri Copper Limited's main assets are copper and cobalt mine projects in Katangan Copperbelt of the Democratic Republic of the Congo (DRC), including Kalongwe Cu-Co Project ("Kalongwe project") and Fold & Thrust Belt JV project ("FTB project").Asian Metal Copyright62% cobalt for 42,700 tonnes of cobalt metal.Asian Metal Copyright Kalongwe project currently contains 13.Asian Metal Copyright62% cobalt for 42,700 tonnes of cobalt metal.Asian Metal Copyright46 million tonnes of proven mineral resources grading 2.Asian Metal Copyright FTB project covers an exploration area of 334 square kilometers.Asian Metal Copyright7% copper for 302,000 tonnes of copper metal and 0.Asian Metal Copyright7% copper for 302,000 tonnes of copper metal and 0.Asian Metal Copyright62% cobalt for 42,700 tonnes of cobalt metal.Asian Metal CopyrightAccording to report, Chengtun Mining announced on February 26 that it plans to acquire 100% equity interest in Nzuri Copper Limited through its indirectly and wholly owned subsidiary Xuchen International Limited for consideration of no more than AUD114 million in cash RMB546 million.Asian Metal Copyright FTB project covers an exploration area of 334 square kilometers.

.Asian Metal Copyright Kalongwe project currently contains 13Asian Metal Copyright