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French miners lament that the profitability of nickel mining business cannot be achieved without china technology and equipment.
① The multinational mining giant Ehmann stated that western companies cannot make a profit in the nickel mining business in Indonesia without relying on china's technology, equipment, and management experience; ② Ehmann and BASF have canceled the 2.6 billion dollar nickel-cobalt refining plant project in Indonesia due to it being 'economically unfeasible'; ③ Ehmann is collaborating with China’s Qingshan Holding to operate the nickel mine in Weda Bay, with the CEO stating that china's technology, expertise, and equipment are key to competitiveness.
Do Its Financials Have Any Role To Play In Driving JL Mag Rare-Earth Co., Ltd.'s (SZSE:300748) Stock Up Recently?
Trending Industry Today: JLMAG Leads Gains In Rare Earth Metals Stocks
Hang Seng Index fell 0.13% in the morning session, with obvious structural market trends.
Boyaa Interactive (00434) rose by more than 10%, bitcoin price surpassed $0.095 million, company's holding positions floating profit has exceeded $0.1 billion.
Hong Kong stocks unusual movement | jl mag rare-earth (06680) surged more than 8%, new resource fee in Myanmar may lift the center of rare-earth prices.
Jl mag rare-earth (06680) surged by over 8%, as of the time of publication, it increased by 7.34%, closing at 8.63 Hong Kong dollars, with a turnover of 56.9642 million Hong Kong dollars.
Hong Kong stock market changes | jl mag rare-earth (06680) falls by over 4% again, Myanmar's rare earth mining area may resume production this week, downstream demand for rare earth still remains weak.
jl mag rare-earth (06680) has been pulling back for two consecutive days, falling over 4% again in the afternoon. As of the press time, it has dropped by 4.08%, closing at 8.23 Hong Kong dollars, with a turnover of 35.7528 million Hong Kong dollars.
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