Zhongjin Strengthens Presence in Oversea Market     

Zhongjin Lingnan Nonfemet Co., Ltd. (Zhongjin, SZ: 000060) announced on May 8th it will acquire Australian miner Herald Resources Ltd., through a 60/40 joint venture Tango Mining between Zhongjin and Indonesia's PT Antam in Singapore.
   The deal has obtained approvals by governmental authorities both in China and Australia.
   Herald owns a zinc and lead project in Indonesia.
   With the acquisition, Zhongjin will strengthen its zinc and lead business in oversea market.
   Headquartered in Shenzhen, Guangdong province, Zhongjin is a zinc and lead producer, with the site in Shaoguan, Guangdong.