OZ Minerals has signed a sale agreement for its Cambodian gold assets, netting the equivalent of Aus$17.8 million in cash, shares and options. Western Australia-based gold explorer Renaissance Minerals has agreed to the purchase with possible future payments of a further Aus$22.5 million once certain milestones are achieved. 
Australian energy company Altona Energy has acquired a 95% interest in two advanced coal exploration licences in China’s Xinjiang Uygur autonomous region.
Galaxy Resources has officially opened its Aus$100 million Jiangsu lithium carbonate plant in China’s Jiangsu province. The plant is the largest-capacity battery grade lithium carbonate production facility in the Asia Pacific region and is in the Zhangjiagang Free Trade Zone (FTZ).
Three new processing flotation plants acquired by non-ferrous metals company China Shen Zhou Mining and Resources are on track to begin production during the next month.