12th Rare Earth Summit

May 27-28, 2021
Hangzhou, Zhejiang, China

11th Aluminum Raw Materials Summit

May 20-21, 2021
Hangzhou, Zhejiang, China

9th Magnesium Summit

April 15-16, 2021
Hangzhou, Zhejiang, China

13th World InBiGeGa Forum

March 25-26, 2021
Hangzhou, Zhejiang, China

7th World Antimony Forum

June 13-14, 2019
Changsha, Hunan, China

7th Refractory & Abrasive Materials Summit 2019

May 23-24, 2019
Qingdao, Shandong, China

10th Aluminum Raw Materials Summit

May 16-17, 2019
Zhengzhou, Henan, China

11th Rare Earth Summit

May 9-10, 2019
Qingdao, Shandong, China

8th Magnesium Summit

April 11-12, 2019
Zhuhai, Guangdong, China

12th World InBiGeGa Forum

March 14-15, 2019
Zhuhai, Guangdong, China

6th World Manganese & Selenium Forum

May 21-22, 2018
Hainan Sanya, China

Northern Rare Earth intends to acquire equity of its subsidiary

2021-03-30 11:54:04   【Print】
Northern Rare Earth announced on March 26 that it intends to invest RMB32.Asian Metal Copyright98 million in cash to acquire 11.Asian Metal Copyright182 million (USD4.Asian Metal CopyrightNorthern Rare Earth announced on March 26 that it intends to invest RMB32.Asian Metal Copyright98 million) in cash to acquire 11.Asian Metal Copyright98 million in cash to acquire 11.Asian Metal Copyright31% of the equity of the company's holding subsidiary Magnetic Company held by Baotou Rare Earth Research Institute.Asian Metal Copyright98 million in cash to acquire 11.Asian Metal Copyright At the same time, Northern Rare Earth will increase its capital by way of a debt-for-equity swap of RMB200 million (USD30.Asian Metal Copyright182 million USD4.Asian Metal Copyright95 million) of the total loan provided to Magnetic Company.Asian Metal Copyright95 million, and the company's shareholding ratio in Magnetic Company would increase accordingly.Asian Metal Copyright After completion, the registered capital of Magnetic Company will increase by RMB200 million (USD30.Asian Metal Copyright95 million of the total loan provided to Magnetic Company.Asian Metal Copyright95 million), and the company's shareholding ratio in Magnetic Company would increase accordingly.
.Asian Metal Copyright After completion, the registered capital of Magnetic Company will increase by RMB200 million USD30.Asian Metal Copyright