BUZZ-MMG jumps most in a month on molybdenum concentrate deal with key shareholder** Shares of copper miner MMG Ltd 1208.HK jump 6.4% to HK$9.17, set for their biggest one-day pct rise since Dec 1
** MMG said its controlling shareholder China Minmetals Non-ferrous Metals has entered into framework agreement to buy molybdenum concentrate produced at Peru's Las Bambas mine from the company's unit, Minera Las Bambas S.A., in 2026, 2027, 2028
** Benefit of reducing the administrative burden and costs associated with compliance with laws and regulations to which the group is subject - MMG
** YTD, stock up 252.3%, Hang Seng Index .HSI up 27.8%
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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