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Equity Bottom-Up

Zijin Mining Group Co Ltd H / Equity Bottom-Up

<ul><li>China’s Zijin Mining Co. Ltd. plans to issue a 10 billion yuan ($1.4 billion) convertible bond to fund its acquisitions of gold and molybdenum ore mines</li><li>About 2.5 billion yuan of proceeds will be used to purchase an 84% stake in a molybdenum ore mine located in East China’s Anhui province – Asia’s largest mine of the rare metal which is used as an alloy to make stronger steel.</li><li>The planned deal will cost 5.9 billion yuan and will increase the company’s molybdenum reserves to 2.9 million tons from the current 920,000 tons</li></ul>

China’s Zijin Mining Co. Ltd. plans to issue a 10 billion yuan ($1.4 billion) convertible bond to fund its acquisitions of gold and molybdenum ore minesAbout 2.5 billion yuan of proceeds will be used to purchase an 84% stake in a molybdenum ore mine located in East China’s Anhui province – Asia’s largest mine of the rare metal which is used as an alloy to make stronger steel.The planned deal will cost 5.9 billion yuan and will increase the company’s molybdenum reserves to 2.9 million tons from the current 920,000 tons

Zijin Mining Plans $1.4 Billion Bond as It Buys Up Metal Used in Green Transition