18
Mar
11:09
Dazhong Mining obtains initial public offering qualification
The China Securities Regulatory Commission (CSRC) approved Inner Mongolia Dazhong Mining Company’s initial public offering (IPO) application on 11 March, Kallanish notes. It only took nine months from acceptance to approval.
Dazhong Mining plans to raise CNY 1.827 billion ($281 million) for its pellet project with 1.5 million tonnes/year capacity and other projects, as well as supplementing working capital. Couple Lin Lairong and An Sumei together contr…
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Anonymous
Very good overview of the weekly steel market.
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