China Nonferrous Mining to Acquire Majority Stake in Kazakhstan’s SM Minerals for $89 Million

Reuters
Dec 19
<a href="https://laohu8.com/S/CNFMF">China Nonferrous</a> Mining to Acquire Majority Stake in Kazakhstan’s SM Minerals for $89 Million

China Nonferrous Mining Corporation Limited has agreed to further acquire 64,706 shares of SM Minerals in Kazakhstan, representing 55% of the issued share capital, for a purchase price of US$89 million. Following completion of the transaction, China Nonferrous Mining will hold a 70% stake in SM Minerals. This follows an initial agreement and subscription announced earlier in June 2025.

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. China Nonferrous Mining Corp. 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-20251219-11962252), on December 19, 2025, and is solely responsible for the information contained therein.

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