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    Xiamen Tungsten to establish tungsten smelting joint-venture in Longyan

    2018-09-26 10:59:06   [Print]
    Xiamen Tungsten reported on September 21 that the Company has signed Letter of Intent with Xinluo government of Longyan and Fujian Jinxin Tungsten Co.Asian Metal Copyright The Company and Fujian Jinxin plan to invest RMB1.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright The Company and Fujian Jinxin plan to invest RMB1.Asian Metal Copyright .Asian Metal Copyright19 billion (51% of which is invested by the Company and 49% invested by Fujian Jinxin) to establish a joint-venture with an annual capacity of 10,000t of APT production line and related supporting facility in Yanshi economy and development zone.Asian Metal Copyright, Ltd.Asian Metal Copyright The joint venture expects to have an annual income of RMB1.Asian Metal Copyright5 billion after reaching full capacity.Asian Metal Copyright5 billion after reaching full capacity.Asian Metal Copyright The joint venture expects to have an annual income of RMB1.Asian Metal Copyright In addition to giving supports for the two companies to establish tungsten smelting production base in Yanshi economy and development zone, Xinluo government will also solve problems during the construction and provide preferential policy support for the joint venture.
    .Asian Metal Copyright The Company and Fujian Jinxin plan to invest RMB1Asian Metal Copyright
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