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Home / Metal News / Nonfemet to Raise 1.525 Bln Yuan for Recycling and Metal Projects

Nonfemet to Raise 1.525 Bln Yuan for Recycling and Metal Projects

iconJul 3, 2017 12:00
Source:SMM
Zhongjin Lingnan Nonfemet Co. will raise 1.525 bln yuan for recycling and metal projects and add to liquidity, .cs.com reported.

SHANGHAI, Jul. 3 (SMM) - Zhongjin Lingnan Nonfemet Co. will raise 1.525 bln yuan for recycling and metal projects and add to liquidity, .cs.com reported.

Zinc Prices to Strengthen This Week, SMM Foresees

It issued 167 million shares at price of 9.12 yuan per share so as to raise 1.525 bln yuan. The money will be mainly invested in tailings resources recycling and environmental protection treatment project, high-performance composite metal projects, high power mercury-free battery zinc powder and its recycling projects and new material R&D project. 

Chinese Zinc Smelters Hike Zinc Concentrate TCs, SMM Reports

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Zhongjin Lingnan Nonfemet Co.
profit
zinc
zinc output
zinc ore output
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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