China Rare Earth Nonferrous Metals Associate Files for Hong Kong IPO

MT Newswires Live09-24 11:25

China Rare Earth Nonferrous Metals (SHA:600259) 40%-owned associate Guangdong Rising Dabaoshan Copper Industry applied for an initial public offering of H shares on the Hong Kong bourse.

Guangdong Rising Dabaoshan Copper Industry produces copper concentrate, sulfur concentrate and magnetic sulfur concentrate, according to a Thursday filing with the Shanghai bourse.

The filing remains subject to approvals from Chinese and Hong Kong regulators.

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