Jiangxi Copper (00358) announced that on July 23, 2024 (Eastern Standard Time), the company ...
Jiangxi Copper (00358) announced that on July 23, 2024 (Eastern Standard Time), as the major shareholder of First Quantum Minerals Ltd. listed on the Toronto Stock Exchange in Canada (As of the date of this announcement, the company holds 0.154 billion shares of First Quantum through its wholly-owned subsidiary PIM Cupric Holdings Limited, accounting for 18.47% of the issued share capital of First Quantum), the company signed a Shareholders' Agreement with First Quantum in which the company and First Quantum agreed on matters such as director nomination rights, shareholder support, and share disposition. The term of the Shareholders' Agreement is from the date of signing to July 23, 2027 or the date when the company's holding ratio of First Quantum falls below 10% (whichever is earlier). In addition, the company may terminate the Shareholders' Agreement at any time by written agreement between the two parties.
The term of the Shareholders' Agreement is from the date of signing to July 23, 2027 or the date when the company's holding ratio of First Quantum falls below 10% (whichever is earlier). In addition, the company may terminate the Shareholders' Agreement at any time by written agreement between the two parties.
First Quantum is a global mining company mainly producing copper, gold and nickel. Its assets are mainly located in countries such as Zambia, Panama, Argentina, Peru, etc. In 2023, First Quantum's copper production was approximately 0.7077 million tons, gold production was approximately 0.2269 million ounces, and nickel production was approximately 0.0263 million tons.