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We Think Tongling Nonferrous Metals GroupLtd (SZSE:000630) Is Taking Some Risk With Its Debt
Tongling Nonferrous Metals Group (000630.SZ): It is expected that the second phase project of the Minadador Copper Mine in Ecuador by China Railway Construction Tongguan, a subsidiary, will be completed and put into production in June 2025.
Gelonghui November 6th | Tongling Nonferrous Metals Group (000630.SZ) stated on the investor interaction platform that the domestic copper mining of the company is proceeding normally according to the company's production operation plan. The specific reserves and mining life information shall be subject to the company's announcement. The company's subsidiary Zhongtiejian Tongguan Ecuador Mirador Copper Mine Phase II Project is expected to be completed and put into production in June 2025. The project is currently under construction.
Guosen Securities: Bullish on metal prices strengthening under macroeconomic policy stimulus.
At the end of October, six ministries issued new regulations on the import of recycled copper and aluminum, which made more specific requirements for the import of recycled copper and aluminum, which may slightly increase the import volume.
Tongling Nonferrous Metals Group (000630.SZ): No share repurchase has been implemented at present.
Gelonghui November 4th, tongling nonferrous metals group (000630.SZ) announced that, as of October 31, 2024, the company has not yet implemented share repurchases.
Tongling Nonferrous Metals: Report for the third quarter of 2024
Tongling Nonferrous Metals Group (000630.SZ) released its performance for the first three quarters, with a net income of 2.73 billion yuan, a year-on-year increase of 5.97%.
tongling nonferrous metals group (000630.SZ) released the third quarter report of 2024. In the first three quarters, the company achieved revenue...
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