At the Metorex General Meeting held in Johannesburg, 98.6% of Metorex shareholders that were present and entitled to vote, voted in favor of the offer by a South African subsidiary of Jinchuan to acquire the entire issued and to be issued ordinary share capital of Metorex by way of a scheme of arrangement.

Under the terms of the offer, shareholders in Metorex would receive a cash consideration of ZAR 8.90 per share by way of a scheme of arrangement. The implementation of the scheme of arrangement is subject to the fulfilment or waiver of certain conditions precedent as set forth in the circular to Metorex shareholders dated August 2nd 2011.

Mr Yang Zhiqiang chairman of Jinchuan's Board of Directors said that "Today's shareholder vote is an important step forward in our acquisition of Metorex. We are pleased with the shareholder support and will continue to work towards the fulfillment of the outstanding conditions precedent."