Yunnan Copper to acquire 40% stake in Liangshan Mining
2025-05-26 13:58:32 [Print]
Yunnan Copper Co., Ltd. plans to acquire a 40% stake in Liangshan Mining Co., Ltd. from Yunnan Copper Industry (Group) Co.,Ltd. by issuing shares. It will also issue shares to Chinalco and China Copper to raise supporting funds. Yunnan Copper Industry (Group) is the controlling shareholder of Yunnan Copper, while Chinalco and China Copper are its ultimate and indirect controlling shareholders respectively.
Liangshan Mining focuses on the mining, processing, and smelting of copper and other metals. Yunnan Copper already holds a 20% stake and will become the majority owner with a 60% stake after the deal.
As one of China Copper's key production bases, Liangshan Mining owns high-quality copper assets including the Lala and Hongnipo copper mines. As of March 2025, the company had 779,700 tonnes of copper reserves with an average grade of 1.16%, well above Yunnan Copper's current average of 0.38%. The company has existing annual production capacities of around 213,000 tonnes of copper concentrate, 119,000 tonnes of anode copper, and 400,000 tonnes of industrial sulfuric acid.
Liangshan Mining focuses on the mining, processing, and smelting of copper and other metals. Yunnan Copper already holds a 20% stake and will become the majority owner with a 60% stake after the deal.
As one of China Copper's key production bases, Liangshan Mining owns high-quality copper assets including the Lala and Hongnipo copper mines. As of March 2025, the company had 779,700 tonnes of copper reserves with an average grade of 1.16%, well above Yunnan Copper's current average of 0.38%. The company has existing annual production capacities of around 213,000 tonnes of copper concentrate, 119,000 tonnes of anode copper, and 400,000 tonnes of industrial sulfuric acid.
Copper Conc. 20%min Delivered China
Unit:RMB/mt Cu
China copper concentrate producers' sales volume statistics by province by month
Unit: mt
