11
May
12:19
Inner Mongolia miner goes public
Dazhong Mining, located in Bayannaoer City of Inner Mongolia, was listed on the Shenzhen Stock Exchange on 11 May.
The company has repeatedly applied for listing but failed due to various reasons including its safety record and the downturn in industry outlook. The surge in the iron ore market this year has made the miner's market prospects more positive, Kallanish notes.
Dazhong Mining has two mining bases in Inner Mongolia and…
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Very good overview of the weekly steel market.
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