JCHX Mining Management Co.,Ltd. (SHSE:603979) agreed to acquire 80% stake in Lubambe Copper Mine Ltd. from EMR Capital Pty. Ltd. for $0.000001 million on January 21, 2024. The deal has been approved by JCHX's board, but still requires review.

Morgan Stanley (NYSE:MS) is acting as a financial advisor to EMR Capital Pty. Ltd..