Yunnan Copper to establish copper smelting JV with Liangshan Industrial Investment
2025-03-14 14:40:11 [Print]
Yunnan Copper Co
The joint venture will have a registered capital of 500 million yuan (69.04 million US dollars), with Yunnan Copper contributing 300 million yuan (41 . 42 million US dollars) in cash for a 60% stake, and Liangshan Industrial Investment injecting 200 million yuan (27 . 62 million US dollars) for the remaining 40% ownership.
. , Ltd . has partnered with Liangshan Industrial Investment and Development Group Co . , Ltd. to set up a copper smelting joint venture, in a strategic move to enhance the copper smelting industry and establish a fully integrated mining and smelting supply chain in Liangshan Prefecture, Sichuan Province, The joint venture will have a registered capital of 500 million yuan (69.04 million US dollars), with Yunnan Copper contributing 300 million yuan (41 . 42 million US dollars) in cash for a 60% stake, and Liangshan Industrial Investment injecting 200 million yuan (27 . 62 million US dollars) for the remaining 40% ownership.