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Rising Nonferrous Metals Share Co.,Ltd.'s (SHSE:600259) Stock Price Dropped 5.1% Last Week; Individual Investors Would Not Be Happy
Key Insights The considerable ownership by individual investors in Rising Nonferrous Metals ShareLtd indicates that they collectively have a greater say in management and business strategy 50% of th
Guangsheng Nonferrous Metals (600259.SH): It has 68,000 tons of tungsten ore resources and has not yet been mined
Gelonghui, May 17丨Guangsheng Nonferrous (600259.SH) said on an interactive platform that the company has 68,000 tons of tungsten ore resources and has not yet been mined. Hongling Company is currently carrying out land acquisition work in the early stages of construction. Construction has not yet begun, and it will take time to start production. Shirenzhang Company is carrying out tungsten ore prospecting and development of non-metallic mineral resources.
Guangsheng Nonferrous Metals (600259.SH): The participating company Dabaoshan Company has nearly 400,000 tons of copper reserves
Gelonghui, May 16, 丨 Guang Sheng Nonferrous (600259.SH) said on the interactive platform that since state ministries and departments currently have very high environmental protection requirements for newly built rare earth mines, the procedures related to the Xinfeng mine are still being processed, and construction and production have not yet begun. Due to multiple approval processes involved and the timing is uncertain, the company will strengthen the approval process for various procedures in various aspects such as process design and environmental verification to achieve mine development as soon as possible. The company's shareholder, Dabaoshan Company, has reserves of nearly 400,000 tons of copper resources.
Guangsheng Nonferrous Metals (600259.SH): Holding subsidiary discontinued production
Gelonghui, April 28 | Guangsheng Nonferrous Metals (600259.SH) announced that its holding subsidiary Longnan Heli Rare Earth Smelting Co., Ltd. recently received a “Notice of Order to Discontinue Production” from the Longnan Municipal People's Government of Jiangxi Province. Due to Heli's small production capacity, verified by the industry and information departments of Jiangxi Province and Ganzhou City, it is part of the “Industrial Structure Adjustment Guidance Catalogue” (2024 edition) phasing out rare earth separation project. Heli Company was ordered to immediately stop production and be subject to social supervision. Production can only be resumed after the rectification is completed and approved by the industrial and information departments of Jiangxi Province, Ganzhou City, and Longnan City. Heli Corporation
Rising Nonferrous Metals ShareLtd's (SHSE:600259) Shareholders Have More To Worry About Than Only Soft Earnings
Despite Rising Nonferrous Metals Share Co.,Ltd.'s (SHSE:600259) recent earnings report having lackluster headline numbers, the market responded positively. While shareholders may be willing to overlo
Rising Nonferrous Metals ShareLtd (SHSE:600259) Earnings and Shareholder Returns Have Been Trending Downwards for the Last Year, but the Stock Lifts 5.8% This Past Week
The simplest way to benefit from a rising market is to buy an index fund. When you buy individual stocks, you can make higher profits, but you also face the risk of under-performance. That downside
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