Jiangxi Copper (600362.SH): Wholly-Owned Subsidiary Officially Launches Tender Offer for All Shares of SolGold plc

Jiangxi Copper's wholly-owned subsidiary formally completed the tender offer for all shares of the UK-based mining company SolGold plc on March 4, 2026. The acquisition, which had received approval from a UK court ruling on March 2, has now taken effect. SolGold's core asset is the Cascabel project in Ecuador, whose Alpala deposit holds resources of 12.2 million tonnes of copper and 30.5 million ounces of gold. This acquisition will significantly increase Jiangxi Copper's resource reserves, strongly support its overseas strategic expansion, and consolidate its position in the global copper resource sector.