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SSH Group Ltd. ( (AU:SSH) ) just unveiled an update.
SSH Group Ltd has announced a strategic investment of $2.53 million from Xinhai Mining Services, marking a significant partnership that aligns SSH’s operational model with Xinhai’s engineering and construction expertise. This investment is set to transform SSH from a domestic service provider into a globally integrated mining and processing entity, enhancing its capacity to pursue large-scale mining opportunities and accelerating its expansion within the Australian mining sector.
More about SSH Group Ltd.
SSH Group Ltd operates within the mining services industry, focusing on providing comprehensive solutions through its ‘Hire | Mine | Own’ model. This model encompasses workforce hire, equipment deployment, and mine operation and ownership, aiming to deliver end-to-end operational capabilities. The company is positioning itself as a vertically integrated mining and processing platform with global partnerships.
Average Trading Volume: 97,299
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$13.35M
See more insights into SSH stock on TipRanks’ Stock Analysis page.