06
Nov
04:42
Makeng Mining prepares to list
The Fujian Provincial Securities Regulatory Bureau and the State-owned Assets Supervision and Administration Commission have agreed to Makeng Mining’s listing plan.
The miner is 51% owned by Fujian Rare Earth Group, 41.5% owned by Zijin Mining Group and 7.5% by the Eighth Geological Brigade of Fujian Province, Kallanish notes. The total assets of Makeng Mining are valued at CNY 3.8 billion ($573 million), and its net assets are nearly CNY…
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Anonymous
Very good overview of the weekly steel market.
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