Zijin Longking Plans $26.62 Million Investment in Solar and Storage Facility for Guyana Gold Mine Expansion

Stock News09-23 16:30

Zijin Longking Co., Ltd. (600388.SH) has announced that its wholly-owned subsidiary, Zijin Longking Clean Energy Co., Ltd., intends to invest in the Phase III solar-plus-storage project at the Aurora Gold Mine in Guyana. The project will feature a 15 MWp photovoltaic system paired with a 20 MW/80 MWh energy storage configuration, with a total investment of approximately $26.62 million to be funded through the company's own resources.

According to the announcement, Zijin Longking Clean Energy has already deployed a cumulative 46.67 MWp of solar and 84.5 MWh of storage capacity at the processing plant across two prior phases. The first phase began commercial operations in October 2024, and the second phase was officially commissioned in December 2025.

Once the new phase is completed, it is expected to further strengthen the company's competitive position in overseas markets and enhance its global brand recognition, while also expanding the scale of its clean energy power generation business.

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