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Published: Jan 15, 2026 18:46

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Jiangxi Copper Corporation announced that its wholly-owned subsidiary, JCC Hong Kong Investment's wholly-owned subsidiary, JCC Fengkan, signed an "Investment Option Agreement" with First Quantum Kazakhstan. JCC Fengkan plans to invest $6.5 million to acquire a 14.9% equity stake and related creditor's rights in Lakeside Company. Meanwhile, First Quantum's global exploration team will provide technical supervision for the exploration work at the Lakeside project, and First Quantum Kazakhstan holds an investment option for a 51% equity stake in JCC Fengkan's wholly-owned subsidiary, AIFC. First Quantum is a global mining company listed on the Toronto Stock Exchange in Canada, primarily producing copper, gold, and nickel, with assets mainly located in Zambia, Panama, Argentina, Peru, and other countries. The company holds 154 million shares of First Quantum through its wholly-owned subsidiary, accounting for 18.47% of First Quantum's issued shares.

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