2 items across 2 digests
Zijin Mining's $4 billion acquisition of Allied Gold is facing regulatory delays in China due to concerns over the purchase premium and jurisdiction risks of Allied's assets. This delay could impact gold supply chains and demonstrates increasing Chinese regulatory scrutiny over large overseas mining acquisitions.
Zijin Mining Group plans to open one of the world's largest lithium mines in the Democratic Republic of Congo this year. This significantly expands global lithium supply capacity, potentially reducing battery material costs and supply chain dependence on current major producers.