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    Dowstone announces 400-mln-yuan capital increase in MMT to ensure stable copper and cobalt ore supply

    2021-10-18 11:34:23   [Print]
    Dowstone Technology announced that its wholly-owned subsidiary MJM entered into a Capital Increase Agreement with MMT.Asian Metal Copyright MMT is located in DRC, Africa, mainly focusing on the production and sales of cobalt metal, copper cathode and other products associated with cobalt ore.Asian Metal Copyright According to the agreement, MJM will inject an additional 400 million yuan (62.Asian Metal CopyrightDowstone Technology announced that its wholly-owned subsidiary MJM entered into a Capital Increase Agreement with MMT.Asian Metal Copyright16 million US dollars) in MMT to increase its shareholding ratio in MMT to 87.Asian Metal Copyright16 million US dollars in MMT to increase its shareholding ratio in MMT to 87.Asian Metal Copyright23% from 45%.Asian Metal Copyright MMT is located in DRC, Africa, mainly focusing on the production and sales of cobalt metal, copper cathode and other products associated with cobalt ore.Asian Metal Copyright MMT is located in DRC, Africa, mainly focusing on the production and sales of cobalt metal, copper cathode and other products associated with cobalt ore.Asian Metal Copyright23% from 45%.Asian Metal Copyright Dowstone said that MMT has significant advantages in supply chain and cost and this capital increase will help to ensure stable supply of copper, cobalt ore and other raw materials.
    .Asian Metal Copyright According to the agreement, MJM will inject an additional 400 million yuan 62Asian Metal Copyright
    Cobalt Chloride 24%min Delivered China
    Unit:RMB/mt
    Cobalt Chloride 24%min Delivered China RMB/mt
    China cobalt metal producers' inventory to production ratio statistics by province by month
    Unit: %
    China cobalt metal producers' inventory to production ratio statistics by province by month
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