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  • Rising Nonferrous intends to acquire 40% stake in Dabaoshan Mining

    2020-11-16 10:36:38   [Print]
    Rising Nonferrous Metals Co.Asian Metal Copyright held by the indirect controlling shareholder Guangdong Rising Asset Management Co.Asian Metal Copyright, Ltd.Asian Metal Copyright held by the indirect controlling shareholder Guangdong Rising Asset Management Co.Asian Metal Copyright announced on November 13 that it intends to acquire 40% of the shares of Guangdong Dabaoshan Mining Co.Asian Metal CopyrightRising Nonferrous Metals Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright held by the indirect controlling shareholder Guangdong Rising Asset Management Co.Asian Metal Copyright held by the indirect controlling shareholder Guangdong Rising Asset Management Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright at a transaction price of about RMB437 million (USD65.Asian Metal Copyright announced on November 13 that it intends to acquire 40% of the shares of Guangdong Dabaoshan Mining Co.Asian Metal Copyright99 million).

    Rising Nonferrous stated that Dabaoshan Company has rich reserves of copper and sulfur mineral resources, and has rich mineral resources such as molybdenum and tungsten, which has great resource potential; it has mature mining and beneficiation technology and leading technical level with good development prospects.

    .Asian Metal Copyright99 millionAsian Metal Copyright
    Tungsten Ore WO3 65%min EXW China
    Unit:RMB/mt
    China tungsten concentrate producers' sales volume statistics by province by month
    Unit: mt
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