Tongling Nonferrous Metals To Invest 350M Yuan In New Subsidiary
Tongling Nonferrous Metals Group plans to invest 350 million yuan to establish a wholly owned subsidiary in the Chizhou Economic and Technological Development Zone, Anhui Province, reports secutimes.com, citing a company filing.
Yitai Coal, Mongolian Mining Plan Hong Kong IPOs
Inner Mongolia Yitai Coal Co. and Mongolian Mining Corp. are planning initial public offerings in Hong Kong, becoming the latest coal miners to choose the southern Chinese city as the market of choice for raising capital.
Chongqing Iron, Posco Sign MOU On Setting Up FINEX Steel Plant In China - Xinhua
Chongqing Iron & Steel (Group) Co. and South Korean steelmaker Posco on Tuesday signed a memorandum of understanding to establish a steel plant in China using Posco's FINEX production process, Xinhua News Agency said Wednesday.
China Steel to buy into mainland steel plant
China Steel Corp, Taiwan's largest steel producer, last week announced that it plans to buy a 70% stake in a steel plant in Jiangsu Province, sources reported.
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