jinchuan intl (02362) is now up more than 7%, as of the time of publication, up 7.14%, trading at 0.6 Hong Kong dollars, with a turnover of 13.2171 million Hong Kong dollars.
According to the Zhitong Finance App, jinchuan intl (02362) is now up more than 7%, as of the time of publication, up 7.14%, trading at 0.6 Hong Kong dollars, with a turnover of 13.2171 million Hong Kong dollars.
On the news front, jinchuan intl announced that its non-wholly owned subsidiary Ruashi SAS has successfully renewed the mining permit for the Musonoi project for an additional 15 years until April 3, 2039. The Musonoi project is a high-grade copper-cobalt deposit located in the Democratic Republic of the Congo, currently under construction and will be mined underground, producing electrolytic copper and cobalt hydroxide.
It is reported that jinchuan intl is the only overseas listed platform under the Jinchuan Group. Analysts point out that in order for various assets under the Jinchuan Group, such as the Xiongcun copper-gold mine in Tibet, copper mines in Mexico, the Swartklip platinum mine in South Africa, the Munali nickel mine in Zambia, the WP&RKA nickel-iron project in Indonesia, the Koolan Island nickel-iron project, and the Huayu Gaobing nickel project, to fully realize their own value, they may need a listed company as a carrier.