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How Will Genmin’s New Chinese Partner Unlock Baniaka’s Potential?

8:36am on Monday 1st of December, 2025 AEDT Mining
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How Will Genmin’s New Chinese Partner Unlock Baniaka’s Potential?

8:36am on Monday 1st of December, 2025 AEDT
Key Points
  • SHICO proposes to fund 60% of Baniaka’s estimated US$200 million capital requirement
  • Genmin to provide remaining 40% and explore equity investment options
  • Collaboration includes Chinese engineering expertise and supply chain integration
  • Partnership involves Central South University for technical support and expansion planning
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