MMG (HK:1208) has released an update.
MMG Limited has entered into a sale agreement with Minmetals North-Europe for the supply of approximately 10,000 dry metric tonnes of Dugald River zinc concentrate. The transaction, valued at around US$12 million and exempt from independent shareholders’ approval, was negotiated through a competitive tender process, ensuring pricing consistent with the market. This deal is part of MMG’s regular business operations, selling metal products like copper, zinc, and lead concentrates.
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