MMG Limited announced that on 31 December 2025, it entered into a Framework Agreement with China Minmetals Nonferrous Metals Company Limited (CMN) for the sale of its products, including copper and molybdenum concentrates, to CMN or its subsidiaries and associates. The agreement covers sales for the years 2026, 2027, and 2028. Pricing and transaction terms are to be consistent with prevailing market rates, and the company’s finance and sales departments will monitor compliance with agreed caps and pricing policies. Directors with interests in CMC or CMN abstained from voting on the agreement to avoid conflicts of interest. The company stated that the agreement is expected to reduce administrative burdens associated with regulatory compliance.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MMG Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251231-11971951), on December 30, 2025, and is solely responsible for the information contained therein.
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