China Baoli signs Mongolia iron ore deal to showcase dry beneficiation technology

China Baoli Technologies Holdings Ltd. ( (HK:0164) ) has shared an announcement.

China Baoli Technologies Holdings has signed a long-term strategic cooperation agreement with Top Skill Global to apply its proprietary dry grinding and dry beneficiation technology at an iron mine in Mongolia with over 80 million tonnes of resources. The deal marks the group’s first commercial deployment of its DGDB technology in mining production and is intended as a showcase project to support broader adoption across other mines.

Under the agreement, China Baoli will license its DGDB technology for processing up to 1 million tons of iron ore annually and act as the exclusive sales agent for all iron ore fines produced, while supplying key equipment and technical support. Top Skill will retain responsibility for securing permits and managing all mining, processing, and operational activities at the Mongolian mine, aligning Baoli as a technology and marketing partner without taking on direct operational risk.

The most recent analyst rating on (HK:0164) stock is a Sell with a HK$0.39 price target. To see the full list of analyst forecasts on China Baoli Technologies Holdings Ltd. stock, see the HK:0164 Stock Forecast page.

More about China Baoli Technologies Holdings Ltd.

China Baoli Technologies Holdings Limited is a Bermuda-incorporated company listed in Hong Kong that focuses on mineral ore dry grinding and dry beneficiation technologies, alongside a convergence media business. The group’s proprietary dry grinding and dry beneficiation (DGDB) technology targets mining projects, positioning the company as a technology provider in resource processing rather than a traditional mine operator.

Average Trading Volume: 633,583

Technical Sentiment Signal: Sell

Current Market Cap: HK$115M

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