China Molybdenum Raises Money Through IPO
Tungsten – MenaFN reported China Molybdenum Co., Ltd. (HKG:3993) plans to raise about CNY 3.65 billion through issuing 542 million shares in an IPO on the Shanghai Stock Exchange.
Tungsten – MenaFN reported China Molybdenum Co., Ltd. (HKG:3993) plans to raise about CNY 3.65 billion through issuing 542 million shares in an IPO on the Shanghai Stock Exchange.
Moly – MarketWatch reported that China Molybdenum Co.'s (HSE:3993) plan for a Shanghai IPO is currently under review by China's securities regulator.
Following the upward trend of vanadium prices, the price for iron ore fines has also improved. Despite a depressed steel market, a notable recovery is evident in the vanadium market since the year end, with prices reacting to positive market demand.
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