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China’s Zijin in takeover talks for lithium group as miners push into battery supply chain

Chinese businesses continue to establish dominant foothold in fast-growing sector despite decline in metal’s price

Zijin Mining is in talks to acquire a controlling stake in lithium producer Zangge Mining as one of China’s most globally expansive miners seeks to expand its push into the critical metal.

The company has been in discussions with Tibet Zangge Venture Capital, a major shareholder in Zangge, according to a Hong Kong stock exchange filing on Friday.

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