China Daye Non-Ferrous Metals Mining Limited (HK:0661) has released an update.
China Daye Non-Ferrous Metals Mining Limited reported a fire at its Yangxin Hongsheng Copper Industry facility, but anticipates minimal impact on its annual operations due to insurance coverage and a fire impact plan. Despite the fire causing a shutdown in smelting operations, the company expects to meet its projected annual output of cathode copper and has initiated comprehensive safety reviews to prevent future incidents. Shareholders are cautioned to be mindful of the shares in the current situation.
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