Lygend Resources Forms Joint Venture with Bumi Mineral Sentosa in Indonesia

Reuters
01/13
Lygend Resources Forms Joint Venture with Bumi Mineral Sentosa in Indonesia

Lygend Resources & Technology Co. Ltd. has announced the establishment of a joint venture company in Indonesia through the signing of the BJL Shareholders Agreement with PT Bumi Mineral Sentosa $(BMS)$. The agreement, entered into on 13 January 2026, outlines the formation of BJL, a limited liability company under Indonesian law. This development follows a previous announcement regarding an initial investment of approximately USD 505 million in another joint venture, BBS. The collaboration aims to strengthen Lygend’s presence in the region and expand its resource and technology operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lygend Resources & Technology Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260113-11989661), on January 13, 2026, and is solely responsible for the information contained therein.

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