Anning Iron and Titanium wins bid for 2.776% shares of Xichang Mining

Anning Iron and Titanium announced on June 22 that it had acquired 2.Asian Metal Copyright9 million.Asian Metal Copyright776% shares of Chongqing Iron and Steel Group (Xichang) Mining Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyrightwith a final bidding amount of RMB140 million USD20.Asian Metal Copyrightwith a final bidding amount of RMB140 million (USD20.Asian Metal CopyrightAnning Iron and Titanium announced on June 22 that it had acquired 2.Asian Metal Copyright9 million).Asian Metal CopyrightAnning Iron and Titanium announced on June 22 that it had acquired 2.Asian Metal Copyright The target enterprise is one of the large mining and processing enterprises for vanadium titano-magnetite in "Panzhihua" and "Xichang" areas, which has built and formed a mining and processing scale of 3Mtpy in 2012, and is currently actively applying for the mining license for production capacity of 10Mtpy.
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