Traditional Mining Giants Embracing New Energy, the Next Global Trend?
Aug 5,2021 10:38CST
Chen Jinghe, Chairman of China’s mining giant Zijin Mining, recently claimed that the company would extend its business deployment into the new energy sector, including lithium ore. The share prices of the company soared over 7% on Monday immediately following his comments. However, a clarification announcement was later released that "the company has not yet a specific timetable and specific project arrangements". On Tuesday, Zijin Mining's share price saw a pullback of nearly 3 percentage points.
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