China Nonferrous to acquire Peruvian zinc-polymetallic mine for $105.9m

China Nonferrous Metal Industry's Foreign Engineering And Construction (China Nonferrous) announced that its wholly-owned subsidiary, NFC Metal PTE. LTD., will acquire approximately 99.9004% of Compañía Minera Raura S.A. from Breca Minería S.A.C. and its affiliates. The acquisition price is $105,924,416, confirmed based on Raura Company's valuation as of July 31, 2025.

The main assets of Raura Company include the Raura zinc-polymetallic mine in Peru, which is currently the only producing mining right within its portfolio, and a hydropower plant supplying the mine. This transaction, approved by China Nonferrous's Tenth Board of Directors on December 19, 2025, is subject to Chinese regulatory approvals and Peruvian anti-monopoly approval.

The acquisition is aimed at strengthening China Nonferrous's mineral resource guarantee capability and promoting the high-quality sustainable development of the lead-zinc industry chain. Raura Company's financial data shows total assets of $382,147 and a net profit of $13,831 as of July 31, 2025.