Nanning Chemical plans to acquire China Tin Mining
2020-08-18 11:48:02 [Print]
On the evening of 17 August, Nanning Chemical Group announced that it received the letter about planning and preparing for asset restructuring from Beibu Gulf Port Group, the actual controller, and planned to acquire 100% equities of China Tin Mining held by China Tin Group and raise supporting funds by issuing stocks.
China Tin Mining, the object of transaction, has a registered capital of RMB30 million (USD4.33 million) and is engaged in exploration, beneficiation and processing of nonferrous metals, rare metals and precious metals.
China Tin Mining, the object of transaction, has a registered capital of RMB30 million (USD4.33 million) and is engaged in exploration, beneficiation and processing of nonferrous metals, rare metals and precious metals.
Tin Conc. 60%min Delivered China
Unit:RMB/mtm
China tin ingot producers' inventory to production ratio statistics by province by month
Unit: %
