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    GEM's subsidiary Green Tungsten Resource Recycling to increase shares

    2021-12-06 18:02:07   [Print]
    Recently, GEM announced that its fully owned subsidiary Jingmen GEM New Materials's subsidiary Hubei Green Tungsten Resource Recycling Co.Asian Metal Copyright Green Tungsten Resource Recycling focuses upon recycling of used cemented carbide and tungsten metal scrap, production and selling of tungsten powder materials and APT, and export of recycled tungsten products.Asian Metal Copyright, Ltd.Asian Metal Copyright Green Tungsten Resource Recycling focuses upon recycling of used cemented carbide and tungsten metal scrap, production and selling of tungsten powder materials and APT, and export of recycled tungsten products.Asian Metal Copyright plans to absorb more investment by increasing shares.Asian Metal Copyright62% stake in Green Tungsten Resource Recycling via Jingmen GEM New Materials, down by previous 100%.Asian Metal Copyright Upon payment of new investment of RMB418 million (USD65.Asian Metal Copyright60 million, GEM will hold a 53.Asian Metal Copyright60 million), GEM will hold a 53.Asian Metal Copyright .Asian Metal Copyright62% stake in Green Tungsten Resource Recycling via Jingmen GEM New Materials, down by previous 100%.

    Green Tungsten Resource Recycling focuses upon recycling of used cemented carbide and tungsten metal scrap, production and selling of tungsten powder materials and APT, and export of recycled tungsten products.

    .Asian Metal Copyright62% stake in Green Tungsten Resource Recycling via Jingmen GEM New Materials, down by previous 100%Asian Metal Copyright
    Tungsten Carbide 99.8%min 2.5-7.0μm EXW China
    Unit:RMB/kg
    China tungsten carbide producers' inventory to production ratio statistics by province by month
    Unit: %
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