Lygend Resources & Technology Co., Ltd. Class H (HK:2245) has released an update.
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Lygend Resources & Technology Co., Ltd. has announced revisions to its annual cap for the supply of production equipment and materials to meet the growing business needs of its Indonesian entities, increasing it from USD350.1 million to USD680.7 million for 2024. The company has also renewed its mutual supply agreement with HG Group for 2025, continuing their supply of nickel ore, products, and services. Additionally, Lygend has renewed its stevedoring services agreement with GSP for the next year.
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