09
Mar
09:40
Shangang terminates acquisition of Jinling Mining
Shandong Iron & Steel (Shangang) mining subsidiary, Shangang Mining, has terminated its stock transfer agreement with publicly-listed Jinling Mining.
The reason for the termination mentioned by Shangang Mining is that the company has adjusted its internal development strategy amid the changing overseas economic and political situation in the past 3-4 years since the cooperation was announced in 2019. This is also to promote the better devel…
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Anonymous
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