14
Apr
06:41
Jiangxi Ningxin New Material to raise CNY 400m during recent IPO
Jiangxi Ningxin New Material recently received approval from the Beijing Stock Exchange for its initial public offering. It will soon enter the issuing stage. The company aims to raise CNY 400 million ($58.49m) for a 20,000 tonnes/year graphite project and supplementary working capital, Kallanish learns.
The 20,000 t/y medium-coarse structure high-purity graphite project will mainly produce graphite crucible products with medium and coarse structures.
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Very good overview of the weekly steel market.
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