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Home / Metal News / Tibet Summit Spins Off Zhufeng Zinc and Western Indium

Tibet Summit Spins Off Zhufeng Zinc and Western Indium

iconNov 18, 2015 11:11
Source:SMM
Tibet Summit plans to sell a 100% stake in Qinghai Zhufeng Zinc Industry Co. and a 56.1% stake in Qinghai Western Indium Co. for 68.90 million yuan to Hunan Zhihao Investment Co..

SHANGHAI, Nov. 18 (SMM) - Tibet Summit plans to sell a 100% stake in Qinghai Zhufeng Zinc Industry Co. and a 56.1% stake in Qinghai Western Indium Co. for 68.90 million yuan to Hunan Zhihao Investment Co., according to sina.com.

Tibet Summit chose to sell the two subsidiaries due to losses. Tibet Summit has transformed to a mining company after the acquisition of Tazhong Mining Co., and will mainly engage in mining investment, mineral resources exploration, trade and import&export in the future. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 


Tibet Summit Industry Co.
Qinghai Zhufeng Zinc Industry Co.
Qinghai Western Indium Co.

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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