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The Three-year Underlying Earnings Growth at Hainan Mining (SHSE:601969) Is Promising, but the Shareholders Are Still in the Red Over That Time
The truth is that if you invest for long enough, you're going to end up with some losing stocks. But the long term shareholders of Hainan Mining Co., Ltd. (SHSE:601969) have had an unfortunate run
Hainan Mining Inks MOU on Potential Lithium Salt Plant in Saudi Arabia; Shares Down 3%
Hainan Mining (SHA:601969) signed a memorandum of understanding with Middle Eastern conglomerate Ajlan & Bros for the construction of a lithium salt plant in Saudi Arabia, according to a Wednesday
Express News | Hainan Mining Says It Signs Mou With Ajlan & Bros Company for Mining to Explore Plausibility of Building Lithium Brine Plant, Set up Joint Fund
Hainan Mining (601969.SH): signed a memorandum of understanding with Ajin Mining to explore the feasibility of cooperating to build a lithium salt plant project in Saudi Arabia.
On July 16th, Gelunhui reported that Hainan Mining (601969.SH) announced that it had signed a memorandum of understanding with AGILAN Mining to explore the feasibility of jointly constructing a lithium salt plant project in Saudi Arabia, and jointly established an industrial fund focusing on upstream lithium resources, local mineral exploration, and seeking new energy metals and technology investment opportunities globally. Saudi Arabia is a country along the "Belt and Road Initiative" and a global strategic emerging market, with rich oil and natural gas resources and geographical advantages, and is dedicated to promoting the "2030 Vision" that focuses on diversified real industry investment. AGILAN
Hainan Mining (601969.SH): The feeding trial of the suspension magnetization roasting technology renovation project of Shilu iron ore has been successful in the roasting furnace system.
On July 15th, Gelunhui reported that Hainan Mining (601969.SH) announced that the 2021 non-public offering of shares for the fundraising project, "Magnetization Roasting Technology Transformation Project of Shilu Iron Ore" (hereinafter referred to as the "Magnetization Roasting Project") is a technical transformation of the existing ore selection plant No.2 of the company's Shilu Iron Ore. On the basis of using the original equipment, a new system including pre-selection desulfurization, suspension magnetization roasting, natural gas cracking, tail gas dust removal and desulfurization, and roasting and grinding ore selection is built to enhance the product quality and resource utilization level. The magnetization roasting project has completed construction and equipment installation and achieved roasting in recent days.
Hainan Mining (601969.SH) plans to establish Hainan Lithium Victory as an employee follow-up platform for the company's battery-grade lithium hydroxide project (Phase 1).
On July 10, Gelonhui announced that in order to fully mobilize the enthusiasm of the company and project management team and core technical backbone, inspire innovation and entrepreneurship, ensure the smooth progress of the battery-grade lithium hydroxide project (Phase I), and achieve good operational expected goals, according to the "Project Follow-up Management Measures of the Company", the company's Follow-up Committee agreed to set up Hainan Lithium Victory as the employee follow-up platform for the company's battery-grade lithium hydroxide project (Phase I), and the project implementation subject is Star Sea. Recently, the company and Hainan Lithium Victory and Star Sea jointly signed a capital increase agreement, with Hainan Lithium Victory increasing capital to Star Sea by 3.16 million yuan.
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