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Xingye Silver & Tin Mining Ties Up With China Railway's Core Member to Develop Mining Technologies
Inner Mongolia Xingye Silver&Tin Mining (000426.SZ): signed a strategic cooperation framework agreement with China Railway Tunnel Group.
On March 20, Gelonghui reported that Inner Mongolia Xingye Silver&Tin Mining (000426.SZ) announced that in order to promote cooperation between both parties, fully leverage their respective advantages, and achieve mutual benefits, based on the principles of mutual support, common development, and efficient collaboration, a "Global Strategy Cooperation Framework Agreement" was recently signed between the company and China Railway Tunnel Group. Relying on the respective advantages of China Railway Tunnel Group in tunnel and underground engineering and the company in the exploration and development of mineral resources, a strategic partnership will be established in the application of TBM (full-face hard rock tunnel boring machine) technology in metal mine construction to achieve complementary advantages and a strong alliance, further enhancing collaboration.
Inner Mongolia Xingye Silver&Tin Mining (000426.SZ): National REITs plans to reduce its shareholding by no more than 1%.
On March 18, Gelonghui reported that Inner Mongolia Xingye Silver&Tin Mining (000426.SZ) announced that it recently received a letter from National Trust Co., Ltd., a Shareholder holding more than 5% of the shares, regarding a Shareholding reduction. National Trust plans to reduce its shareholding in the company by no more than 17,756,357 shares, or no more than 1% of the total share capital of the company, within three months after the announcement date in a centralized bidding transaction.
Everbright: Production suspension at the Bisie tin mine in the Democratic Republic of the Congo, Bullish on the stock price performance of tin Industry listed companies.
Everbright recommends Yunnan Tin Co.,Ltd., suggesting to pay attention to Inner Mongolia Xingye Silver&Tin Mining (000426.SZ) and Guangxi Huaxi Nonferrous Metal (600301.SH).
China International Capital Corporation: supply disruptions combined with improved demand expectations, Call for tin prices.
The Bisie mine in the Democratic Republic of the Congo has suspended operations, and all mining personnel have evacuated, making it difficult to resume production in the short term. Considering that its output constitutes 6% of Global production in 2024, this may further exacerbate the tight supply situation for tin ore.
Do Inner Mongolia Xingye Silver &Tin MiningLtd's (SZSE:000426) Earnings Warrant Your Attention?