Strap in. This is globally significant. Shenzhen Zhongjin...

Strap in. This is globally significant. Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd is China's third largest zinc producer! On 19 December 2013 Shenzhen Zhongjin Lingnan Nonfemet Co Ltd acquired all the shares in Perilya which it did not already own by way of a Federal Court of Australia approved Scheme of Arrangement, taking its ownership interest in Perilya from 53.37% to 100%. The Scheme of arrangement received overwhelming support from shareholders entitled to vote. Zhongjin Lingnan's prime business activities include the mining and processing of lead, zinc and other non-ferrous metals and the comapny has been operating for over 50 years. Zhongjin Lingnan is listed on the Shenzhen Stock Exchange Bit of background on Perilya: The world class And globally significant Broken Hill in Australia is just one of the assets Zhongjin Linghan own. In May 2002 the company successfully acquired the Broken Hill mine, one of the largest and most renowned zinc, lead and silver mines in the world. The Broken Hill mine has produced over 200 million tonnes of ore in its 127 years of mining history, dating back to 1885. The purchase of Broken Hill, from Pasminco Limited, gave Perilya a unique opportunity to further its success and achieve its objective of growing into a major mining company.