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Jinchuan Group International Resources Co. Ltd ( (HK:2362) ) has shared an announcement.
Jinchuan Group International Resources Co. Ltd announced that its non-wholly-owned subsidiary, Ruashi Mining SAS, has secured a US$200 million loan for the development of the Musonoi Project. The loan agreement includes a condition that could trigger immediate repayment if the controlling shareholder, Jinchuan Group Co., Ltd, reduces its ownership below 55%. The company has faced trading suspension on the Hong Kong Stock Exchange due to delays in publishing its annual results and other issues.
More about Jinchuan Group International Resources Co. Ltd
Jinchuan Group International Resources Co. Ltd is a company incorporated in the Cayman Islands, primarily involved in the mining industry. It focuses on the development and processing of mineral resources, with a significant market presence in the extraction and processing of metals.
Average Trading Volume: 256,987,137
Technical Sentiment Signal: Hold
Current Market Cap: HK$8.4B
For detailed information about 2362 stock, go to TipRanks’ Stock Analysis page.
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