Foshan Golden Milky Way Intelligent Equipment (SHE:300619) subsidiary Jiangxi Jindeli New Energy Technology received a mineral exploration rights certificate from China's Ministry of Natural Resources for a tin polymetallic mine, according to a Wednesday after-hours filing with the Shenzhen bourse.
The company acquired the mine in Ganzhou, China, through public auction for 25 million yuan. The mine spans 1.749 square kilometers.
Shares fell 4% during the close of trading on Thursday.
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