MMG Locks In 2026–2028 Las Bambas Molybdenum Sales Framework With CMN
I'm PortAI, I can summarize articles.
MMG's subsidiary, Minera Las Bambas, has signed a molybdenum concentrate sales framework agreement with China Minmetals Non-ferrous Metals for 2026-2028. This agreement formalizes ongoing sales and is classified as a continuing connected transaction under Hong Kong listing rules. Pricing will be based on market quotations, ensuring favorable terms compared to external customers. The latest analyst rating for MMG stock (HK:1208) is a Buy with a price target of HK$8.50. MMG is focused on base metals production, particularly in the Chinese market.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments