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    Shenghe Resources unit to acquire new shares in Vital Metal

    2023-10-23 14:27:52   [Print]
    Shenghe Resources announced that its unit Shenghe Singapore plans to acquire new shares in Australian-based Vital Metal Limited for a total of AUD14.Asian Metal Copyright Vital Metal is an ASX-listed company and mainly develops Nechalacho rare earth project in Canada and Wigu Hill rare earth project in Tanzania.Asian Metal Copyright80 million in two tranches.Asian Metal Copyright2% stake in Vital Metal.Asian Metal Copyright Upon completion, Shenghe Singapore will hold a 18.Asian Metal Copyright Upon completion, Shenghe Singapore will hold a 18.Asian Metal Copyright2% stake in Vital Metal.

    Vital Metal is an ASX-listed company and mainly develops Nechalacho rare earth project in Canada and Wigu Hill rare earth project in Tanzania.

    .Asian Metal CopyrightShenghe Resources announced that its unit Shenghe Singapore plans to acquire new shares in Australian-based Vital Metal Limited for a total of AUD14Asian Metal Copyright
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