--- title: "CHINFMINING's subsidiary plans to purchase cathode copper for USD 67.025 million" description: "According to the announcement from CHINFMINING, on June 16, 2025, China Nonferrous Hong Kong Holdings (a non-wholly-owned subsidiary of the company) entered into a 2025 cathode copper purchase agreeme" type: "news" locale: "en" url: "https://longbridge.com/en/news/244741251.md" published_at: "2025-06-16T14:54:03.000Z" --- # CHINFMINING's subsidiary plans to purchase cathode copper for USD 67.025 million > According to the announcement from CHINFMINING, on June 16, 2025, China Nonferrous Hong Kong Holdings (a non-wholly-owned subsidiary of the company) entered into a 2025 cathode copper purchase agreement with Jikaming for the purchase of high-grade cathode copper. Under this agreement, China Nonferrous Hong Kong Holdings will purchase a total of 7,000 metric tons of high-grade cathode copper processed by China Nonferrous Huaxin through wet processing for a total consideration of approximately USD 67.025 million Zhitong Finance APP news, CHINFMINING (01258) announced that on June 16, 2025, China Nonferrous Hong Kong Holdings (a non-wholly-owned subsidiary of the company) entered into a 2025 cathode copper purchase agreement with Jikaming for the purchase of high-grade cathode copper. According to this agreement, China Nonferrous Hong Kong Holdings will purchase a total of 7,000 metric tons of high-grade cathode copper processed by China Nonferrous Huaxin through wet processing from Jikaming for a total consideration of approximately USD 67.025 million ### Related Stocks - [01258.HK - CHINFMINING](https://longbridge.com/en/quote/01258.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Alibaba (BABA) Upgrades Qwen AI Model as China's Tech Giants Battle for Users | Alibaba has upgraded its AI model to Qwen3.5, enhancing its capabilities in text, image, and video processing. This move | [Link](https://longbridge.com/en/news/276055492.md) | | Shenhua Energy Gets Securities Regulator's Nod for Share Placement Plan | Shenhua Energy Gets Securities Regulator's Nod for Share Placement Plan | [Link](https://longbridge.com/en/news/275851575.md) | | Alibaba unveils new Qwen3.5 model for 'agentic AI era' | Alibaba has launched its new AI model, Qwen 3.5, which is designed for independent task execution and boasts significant | [Link](https://longbridge.com/en/news/276045126.md) | | PRECIOUS-Gold drops over 1% as thin trading, profit‑taking weigh | Gold prices fell over 1% due to thin trading volumes as U.S. and China markets were closed for public holidays, alongsid | [Link](https://longbridge.com/en/news/276030743.md) | | Rubio to visit eastern Europe, bolster ties with pro-Trump leaders | U.S. Secretary of State Marco Rubio is set to visit Slovakia and Hungary to strengthen ties with conservative leaders wh | [Link](https://longbridge.com/en/news/275996373.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.