20
Dec
08:51
XTC New Energy Materials to boost investment in French JV
Shanghai-listed XTC New Energy Materials announced Wednesday it plans to increase its investment in a French subsidiary, adding €130 million ($142m) to its capital reserve, Kallanish reports.
In a security filling, the company said the self-raised funds will be allocated to XTC New Energy Materials Europe GmbH, which in turn will invest €119m in cash in XTC France New Energy Materials, where it holds a 51% stake. The XTC France New Energy Materials is a…
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Anonymous
Very good overview of the weekly steel market.
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