Jinchuan Group International Resources Co. Ltd ( (HK:2362) ) has provided an update.
Jinchuan Group International Resources Co. Ltd has entered into a new framework agreement, the 2025 CCT Agreement, with JCG Group to continue trading Mineral and Metal Products. This agreement, effective from June 2025 to December 2027, is subject to independent shareholder approval due to the significant percentage ratios involved. An independent board committee and financial adviser have been appointed to guide shareholders on this matter, with a circular detailing the agreement to be dispatched by May 2025.
More about Jinchuan Group International Resources Co. Ltd
Jinchuan Group International Resources Co. Ltd is a leading international base metals platform for JCG Group, focusing on overseas operations in the exploration and exploitation of mining assets. The company specializes in trading raw materials and products of non-ferrous metals, including 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
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