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Jinchuan Group Signs New Trading Agreement with JCG Group

Story Highlights
  • Jinchuan Group is a key player in the base metals industry, focusing on copper and cobalt.
  • The 2025 CCT Agreement with JCG requires shareholder approval due to its financial impact.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jinchuan Group Signs New Trading Agreement with JCG Group

Confident Investing Starts Here:

Jinchuan Group International Resources Co. Ltd ( (HK:2362) ) just unveiled an update.

Jinchuan Group International Resources Co. Ltd has entered into a new framework agreement with JCG Group to continue trading Mineral and Metal Products from June 2025 to December 2027. This agreement, known as the 2025 CCT Agreement, requires independent shareholder approval due to its significant financial implications, with JCG abstaining from voting. An independent board committee and financial adviser have been appointed to guide shareholders, and a circular detailing the agreement will be dispatched by May 2025.

More about Jinchuan Group International Resources Co. Ltd

Jinchuan Group International Resources Co. Ltd, incorporated in the Cayman Islands, operates as a flagship international base metals platform for JCG Group. The company is involved in the exploration and exploitation of mining assets and the trading of non-ferrous metals such as copper and cobalt, leveraging JCG Group’s expertise to pursue mining investment opportunities.

YTD Price Performance: 23.08%

Average Trading Volume: 128,822,181

Technical Sentiment Signal: Sell

Current Market Cap: HK$8.4B

For a thorough assessment of 2362 stock, go to TipRanks’ Stock Analysis page.

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