China Nonferrous Mining Corp. Ltd. (HK:1258) has released an update.
China Nonferrous Mining Corp. Ltd. has entered into a new agreement with GCM for copper ore processing, effective from October 2024 to October 2025. This deal, involving the processing of ores from various regions in the DRC into copper cathodes, falls under connected transactions as per Hong Kong’s Listing Rules. The stipulations include market-based pricing and potential renewal upon mutual consent, highlighting the strategic collaboration between the companies.
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