Qinghai Salt Lake Industry Says China Salt Lake Group To Buy 12.5% Stake In Company

Qinghai Salt Lake Industry Co Ltd 000792:

• SAYS CHINA SALT LAKE GROUP AGREES TO BUY 12.5% STAKE IN COMPANY FOR 13.6 BILLION YUAN ($1.86 billion)

• SAYS CHINA SALT LAKE GROUP TO BECOME CONTROLLING SHAREHOLDER, CHINA MINMETALS CORP TO BECOME ACTUAL CONTROLLER

($1 = 7.2992 Chinese yuan renminbi)