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265                    <h1 class="de1-title">Xinjiang Tianye Acquires Four Mining Companies for 865 Million Yuan to Strengthen Raw Material Supply</h1>
266                    <div class="de1-meta">
267
268                        <span class="de1-time">2026-09-30 16:29:59</span>
269                        <span class="de1-source">Source:ChemNet</span>
270                        <a class="num-blue" href="https://news.chemnet.com/toutiao/detail-88374.html">中文</a>                    </div>
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273                                                <img src="https://img-album-new.chemnet.com/view/2026/05/08/67/69fd48612f267.png" alt="">                                                                        <p>Xinjiang Tianye (600075.SH) released an announcement stating that the company plans to acquire 100% equity of four wholly-owned subsidiaries, namely Jingyi Mining, Tianbo Chenye, Group Mining and Turpan Mining, held by its affiliated party Tianfu Xinye through non-public negotiated transfer. The total consideration of this transaction is <span style="color:#0000cd;"><strong>865 million yuan</strong></span>, which will be fully paid with自有资金? No, 自有资金 is self-owned funds, so it should be fully paid with self-owned funds.</p><p>Wait, correct translation:</p><p>Xinjiang Tianye (600075.SH) released an announcement stating that the company plans to acquire 100% equity of four wholly-owned subsidiaries, namely Jingyi Mining, Tianbo Chenye, Group Mining and Turpan Mining, held by its affiliated party Tianfu Xinye through non-public negotiated transfer. The total consideration of this transaction is <span style="color:#0000cd;"><strong>865 million yuan</strong></span>, which will be fully paid with self-owned funds.</p><p>This transaction constitutes a connected transaction and does not constitute a major asset restructuring. Upon completion of the transaction, Xinjiang Tianye will <span style="color:#0000cd;"><strong>add four limestone mines and one salt mine resource, with a total annual limestone mining scale of 9.45 million tons and an annual salt mining capacity of 200,000 cubic meters</strong></span>. The relevant ore resources will directly provide stable lime and raw salt raw materials for the company&#39;s production, strengthen the self-sufficiency of upstream raw materials, reduce the price fluctuations of external raw material procurement and the risk of supply chain disruption, and ensure the continuous and stable production of the downstream chemical business.</p><p>According to the announcement, this acquisition matter still needs to be submitted to the company&#39;s general meeting of shareholders for deliberation, and follow-up procedures such as equity transfer and industrial and commercial change can only be carried out after the approval of the general meeting of shareholders.</p><p>Yes, that&#39;s the correct full translation, keeping the HTML structure intact.</p>
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427                </td>
428            </tr>
429                        <tr>
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434                </td>
435            </tr>
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455                </td>
456            </tr>
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459                <td>118000.00</td>
460                <td class="down">
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462                </td>
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467                <td class="up">
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469                </td>
470            </tr>
471                        <tr>
472                <td>Lithium carbonate</td>
473                <td>120000.00</td>
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519                    <span>Chemical</span>
520                    <span class="intel-time">08:27</span>
521                </div>
522                <div class="intel-cont">
523                    <a href="https://www.chemnet.com/fx/intelligence.php" target="_blank">In September 2026, the signing, commissioning and environmental impact assessment approval of 27 domestic lithium-related projects were announced, involving project investment of approximately 27.197 billion yuan.</a>
524                </div>
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528                    <span>Energy</span>
529                    <span class="intel-time">08:24</span>
530                </div>
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532                    <a href="https://www.chemnet.com/fx/intelligence.php" target="_blank">Western Gold announced that Xinjiang Meisheng Mining, a wholly-owned subsidiary of the company, needed to adjust monitoring facilities and build a drainage system due to the joint construction project of the second and third phases of the tailings pond. The processing plant cooperated with the shutdown operation and was expected to suspend production for about 45 days.</a>
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537                    <span>Chemical</span>
538                    <span class="intel-time">08:22</span>
539                </div>
540                <div class="intel-cont">
541                    <a href="https://www.chemnet.com/fx/intelligence.php" target="_blank">On September 29, the German International Cooperation (GIZ), eab New Energy GmbH and SEG Ingeniería launched a public-private partnership to carry out technical, economic and regulatory feasibility studies on the Villa María new energy project in Córdoba Province, Argentina. The preliminary configuration of the project includes a 200-megawatt electrolyzer, which is planned to use wind energy and solar energy to produce approximately 20,000 tons of renewable hydrogen annually, and further produce approximately 110,000 tons of e-methanol annually by combining locally sourced biomass carbon dioxide.</a>
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546                    <span>Chemical</span>
547                    <span class="intel-time">07:53</span>
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550                    <a href="https://www.chemnet.com/fx/intelligence.php" target="_blank">My country has made another breakthrough in prospecting for lithium deposits in western Sichuan, with an additional lithium carbonate equivalent of approximately 1.0468 million tons. After the completion of the reserve increase, the cumulative registered lithium carbonate equivalent of the Garda Lithium Mine reached 2.531 million tons, and the scale of the deposit was further expanded, consolidating its status as a super-large pegmatite lithium mine.</a>
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