NewsFlash / Copper / Joint Venture Announcement between Zijin Mining and Ajlan & Bros Mining
Joint Venture Announcement between Zijin Mining and Ajlan & Bros Mining
iconJun 18, 2025 15:12
Source:SMM
On June 16, the case of Zijin Mining Group Co., Ltd. and Ajlan & Bros Mining Company establishing a new joint venture entered the public notification period, which runs from June 16, 2025, to June 25, 2025. According to the Notification Form for Simplified Cases of Concentration of Undertakings, Zijin Mining, through Gold Merit International Investment Company Limited, signed a Joint Venture Agreement with Ajlan & Bros Mining, proposing to establish a joint venture in Saudi Arabia. The main business of the joint venture will involve exploring and potentially mining potential mineral reserves (including zinc, copper, and gold) associated with the Jabal Sayid mineralized zone in Saudi Arabia, as well as the operation, management, and development of mines, and the production and sale of minerals.

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