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Lithium Energy Shareholders OK Sale of 90% Interest in Argentinian Lithium Brine Project for $63 Million
These 4 Measures Indicate That CNGR Advanced MaterialLtd (SZSE:300919) Is Using Debt Extensively
cngr advanced material (300919.SZ): Cumulative repurchase of 0.55% shares.
Cngr advanced material (300919.SZ) announced that as of July 31, 2024, the company repurchased 5,193,660 shares through a dedicated securities account repurchase in a centralized bidding transaction, accounting for approximately 0.55% of the company's existing total share capital. The highest transaction price was 55.50 yuan/share, and the lowest transaction price was 27.86 yuan/share, with a total transaction amount of 240,944,224.75 yuan (excluding transaction fees such as commissions and transfer fees).
cngr advanced material (300919.SZ): The current Debang project and Fei Cui Wan project in Indonesia have achieved full production.
On July 29th, Gelunhui reported that CNGR Advanced Materials (300919.SZ) has established four nickel raw material industry bases in Indonesia, with a built and under-construction production capacity of 0.2 million metal tons. At present, the company's projects in Indonesia, Debonding and Emerald Bay, have achieved full production, while the NNI project and the Indonesia Zhongqing New Energy project are in the ramp-up phase of production capacity. As of the first half of 2024, the company's overall nickel production in Indonesia exceeded 0.035 million metal tons, and overall shipments are expected to exceed the first half of the year in the second half of the year.
Market Chatter: Russian Miner Nornickel Negotiating With Chinese Firms for Joint Battery Facility in China
Express News | Russia's Nornickel in Talks With Chinese Battery Companies to Build a Nickel Plant in China - Sources Say
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