FZU Zijin Hydrogen Power, a subsidiary of major global metals miner Zijin Mining, has recently announced a capital increase initiative via the Longyan Property Rights Exchange, aiming to raise $5.6MM─$8.4 MM. The proceeds will be used entirely to bolster the company’s working capital, enabling it to scale up the R&D, production, and commercial application of its H2 energy solutions.
This financing initiative will strengthen the firm’s leadership in ammonia-based H2 energy technology, accelerate innovation, and drive large-scale industrial adoption. In parallel, the company is advancing its Series A round to attract strategic investors with relevant industrial expertise.
Driven by R&D and real-world applications, and backed by increased capital, FZU Zijin will expand its H2 energy operations at a faster pace.