Jinduicheng Molybdenum to raise no more than RMB1.9 billion for Jinduicheng molybdenum mine beneficiation and upgrading projects

Jinduicheng Molybdenum announced on May 5 that the company planned to non-publicly issue A shares, raising funds of no more than RMB1.Asian Metal Copyright The net proceeds after deducting the issuance costs are planned to be used for the overall beneficiation and upgrading project of Jinduicheng Molybdenum Mine, molybdenum roasting low-concentration flue gas acid-making upgrade project as well as supplementing of working capital.Asian Metal Copyright9 billion (USD284 million).Asian Metal Copyright9 billion USD284 million.Asian Metal Copyright The net proceeds after deducting the issuance costs are planned to be used for the overall beneficiation and upgrading project of Jinduicheng Molybdenum Mine, molybdenum roasting low-concentration flue gas acid-making upgrade project as well as supplementing of working capital.
.Asian Metal Copyright The net proceeds after deducting the issuance costs are planned to be used for the overall beneficiation and upgrading project of Jinduicheng Molybdenum Mine, molybdenum roasting low-concentration flue gas acid-making upgrade project as well as supplementing of working capitalAsian Metal Copyright