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Grace Life-tech Expands Mining and Plant Stem Cell Ventures

Story Highlights
  • Grace Life-tech partners with a Malaysian firm to extract tin concentrate, expecting revenue by Q4 2025.
  • The company advances its plant stem cell business, expanding products and forming strategic partnerships.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Grace Life-tech Expands Mining and Plant Stem Cell Ventures

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An announcement from Grace Life-tech Holdings Limited ( (HK:2112) ) is now available.

Grace Life-tech Holdings Limited has entered into a cooperation agreement with a Malaysian mining management company to extract and process tin concentrate at the Ibam Mine, aiming to generate revenue by the fourth quarter of 2025. This strategic partnership allows the company to maximize ore value with minimal capital input, while also seeking to optimize its iron ore operations. Concurrently, the company is advancing its plant stem cell business by expanding its product offerings and forming strategic partnerships to enhance market reach and public awareness.

More about Grace Life-tech Holdings Limited

Grace Life-tech Holdings Limited operates in the mining and plant stem cell industries. The company is involved in the extraction and processing of minerals, particularly focusing on tin concentrate and iron ore. Additionally, it engages in the research, development, and application of plant stem cell technology, offering a range of healthcare, health food, and beauty products.

Average Trading Volume: 2,462,524

Technical Sentiment Signal: Sell

Current Market Cap: HK$121.5M

See more data about 2112 stock on TipRanks’ Stock Analysis page.

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