Zangge Mining announced that its wholly-owned subsidiary plans to jointly establish a joint resources company through Zangge Mining International and Xindu Chemical, and that it will acquire 92% of Kanga Potash's shares at a consideration of US$171 million. The company met with the board of directors on September 16, 2026 to review and pass the bill. The transaction still needs to be approved and filed by domestic and foreign supervisory authorities, and the relevant agreement has not yet been signed.

Zangge Mining announced that its wholly-owned subsidiary plans to jointly establish a joint resources company through Zangge Mining International and Xindu Chemical, and that it will acquire 92% of Kanga Potash's shares at a consideration of US$171 million. The company met with the board of directors on September 16, 2026 to review and pass the bill. The transaction still needs to be approved and filed by domestic and foreign supervisory authorities, and the relevant agreement has not yet been signed.