MMG Ltd. Signs Sales Framework Agreement with CMN for 2026-2028

Reuters2025-12-31
<a href="https://laohu8.com/S/MMLTF">MMG Ltd</a>. Signs Sales Framework Agreement with CMN for 2026-2028

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.

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