17
Aug
07:08
Dazhong Mining issues bonds for new capacity
Dazhong Mining says it will issue CNY 1.52 billion ($224 million) of convertible bonds for its iron ore capacity development and other projects.
The bond is valid for six years starting on 17 August 2022. The funds raised will be used for four purposes. These are a mineral processing technology transformation and iron processing project, intelligent mining and processing mechanisation and automation upgrading and transformation project, and Zhouyoufang iron o…
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