Tian Yuan Group Holdings Ltd. (HK:6119) has released an update.
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Tian Yuan Group Holdings Ltd. is set to expand its business operations by entering the mineral trading sector in Indonesia, initially focusing on nickel ore. This strategic move aims to diversify the company’s portfolio and enhance its revenue streams by eventually including contract mining and trading of other minerals like bauxite, coal, oil, and natural gas. The expansion will be internally funded, highlighting the company’s commitment to growth and increased profitability.
For further insights into HK:6119 stock, check out TipRanks’ Stock Analysis page.