Guangsheng Nonferrous Metals to Return to Profitability in First Three Quarters on Higher Rare Earth Price

Industry News 06:34PM Oct 12, 2017 Source:SMM

SHANGHAI, Oct. 12 (SMM) – Guangsheng Nonferrous Metals Co. said it may return to profitability in the first three quarters of the year, thanks to a rally in rare earth prices.

Western Mining Sees Profit Rise in First Three Quarters

It expects to earn 5-10 million yuan in this period, compared to 118 million yuan losses in the same period of last year.

Yunnan Tin Sees Net Profit Surging in Q3

It reported 32.27 million yuan losses in H1 2017. 

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. 

Guangsheng Nonferrous Metals to Return to Profitability in First Three Quarters on Higher Rare Earth Price

Industry News 06:34PM Oct 12, 2017 Source:SMM

SHANGHAI, Oct. 12 (SMM) – Guangsheng Nonferrous Metals Co. said it may return to profitability in the first three quarters of the year, thanks to a rally in rare earth prices.

Western Mining Sees Profit Rise in First Three Quarters

It expects to earn 5-10 million yuan in this period, compared to 118 million yuan losses in the same period of last year.

Yunnan Tin Sees Net Profit Surging in Q3

It reported 32.27 million yuan losses in H1 2017. 

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.