China Nonferrous Mining Arm to Buy Over 3,600 Metric Tons of Copper Cathodes for $31 Million
China Nonferrous Mining's (HKG:1258) subsidiary China Nonferrous Mining Hong Kong agreed to purchase 3,644.442 metric tons of high-grade copper cathodes from La Generale des Carrieres et des Mines for around $30.7 million, a Wednesday filing with the Hong Kong Exchange said.
The period set for the transaction starts on Sept. 11 and ends on Dec. 31, according to the company.
CNMHK intends to meet the increased demand for copper cathodes from its customers through the transaction, the filing said.
The company's shares closed nearly 2% lower on Wednesday.
Price (HKD): $4.70, Change: $-0.080, Percent Change: -1.67%
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。