Rising Nonferrous Metals' (SHA:600259) unit, Guangdong Guangsheng Nonferrous Import & Export, plans to publicly list and transfer its 3% equity interest in Guangdong Zhujiang Rare Earth, according to a Shanghai bourse disclosure on Wednesday.
Guangdong Zhujiang Rare Earth processes and manufactures nonferrous metals, nonferrous metal alloys, as well as rare earth metals.
The potential transaction will have a minimum listing price of almost 6 million yuan, the Chinese rare earths mining company said.
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