The Meridian Transaction Tracker

Sinomine’s acquisition of Chemaf Resources’ DRC cobalt/copper assets

2024–2025: Sinomine Resource Group agreed to acquire Chemaf’s DRC operations (Mutoshi/Etoile) out of a distressed process, beating other bidders in a deal reported at c.US$510m including debt, the largest DRC copper-cobalt deal of the…


2024–2025: Sinomine Resource Group agreed to acquire Chemaf’s DRC operations (Mutoshi/Etoile) out of a distressed process, beating other bidders in a deal reported at c.US$510m including debt, the largest DRC copper-cobalt deal of the window and a landmark for Chinese mid-tier consolidation. Value reported .

Value: Reported c.US$510m (as reported in the financial press).

Advisers: No legal adviser is identified in the public record reviewed by The Meridian.

Recorded by The Meridian research desk from public announcements, regulatory filings and financial press coverage. Dates and values are as publicly reported.