21
Apr
02:54
Meijin raises fund for coking project
According to an announcement by Shanxi province’s Meijin Energy, it plans to raise funds of CNY 6.6 billion ($933.24 million) from specific investors. This will be used in its coking and hydrogen fuel cells projects, Kallanish notes.
It plans to put CNY 5 billion into the coking project, constructed by its wholly-owned subsidiary, Huasheng Chemical Industry Company. Total company investment will reach CNY 8.74 billion. It has three sub-projects to produce&nb…
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Anonymous
Very good overview of the weekly steel market.
Anonymous