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Jiangxi Copper Sees Q1 Net Profit Up 419-449% Y/Y
JPMorgan Chase & Co's Long Position In Jiangxi Copper Falls To 4.72% - Filing
Jiangxi Copper's 2020 Net Profit Down 5.9% Y/Y
Jiangxi Copper Company Limited is a China-based company, principally engaged in the mining, smelting and processing of copper. The Company is also engaged in the extraction and processing of precious metals and dissipated metals, sulfur chemical industry business, and financial and trading businesses. The company's products include cathode copper, gold, silver, sulfuric acid, copper rods, copper foils, selenium, tellurium, rhenium, bismuth and others. The Company mainly conducts its businesses within Mainland China and Hongkong.
No. 7666, Changdong Avenue, Hi-tech Zone
Chairman of the Board, General Manager, Executive Director
Chief Financial Officer, Executive Director
Deputy General Manager, Executive Director
Deputy General Manager
Deputy General Manager
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Jiangxi Copper Co Ltd said on Wednesday chairman Long Ziping had stepped down at his legal retirement age and that general manager Zheng Gaoqing would take over the top position in the integrated copper producer.
* Revenue up 40% y/y as copper, gold rally and production jumps
China's Jiangxi province on Thursday unveiled measures including tax breaks and preferential loan terms to help copper producers after the coronavirus outbreak hit demand and prices for the metal used widely in power and construction.
Canada's First Quantum Minerals Ltd fell as much as nearly 4% on Monday after the copper miner said it had adopted a poison pill takeover defense, nearly a month after China's Jiangxi Copper Co Ltd agreed to pay $1.1 billion to become the miner's largest shareholder.
Canada's First Quantum Minerals Ltd <FM.TO> said on Monday it had adopted a shareholder rights plan, nearly a month after China's Jiangxi Copper Co Ltd <600362.SS> <0358.HK> agreed to pay $1.1 billion to become the miner's largest shareholder.
Shares of Canada's First Quantum Minerals Ltd <FM.TO> rose as much as 5% to their highest since May on Monday after Jiangxi Copper Co Ltd <600362.SS><0358.HK> agreed to pay $1.1 billion to become the miner's largest shareholder.
Shares of Canada's First Quantum Minerals Ltd rose as much as 5% to their highest since May on Monday after China's Jiangxi Copper Co Ltd agreed to buy a unit of the Canadian miner's largest shareholder for $1.1 billion.
Miner Freeport-McMoRan Inc and China's Tongling Nonferrous Metals have agreed treatment and refining charges (TC/RCs) of $62 a tonne and 6.2 cents per pound for copper concentrate supply in 2020, the companies said.
Miner Freeport-McMoRan Inc and China's Jiangxi Copper have agreed treatment and refining charges (TC/RC) of $62 a tonne and 6.2 cents per pound for copper concentrate supply in 2020, a senior Freeport executive said.
* Low sulphuric acid price adds pressure on smelters (Recasts, adds details from Daye Nonferrous Metals in paragraph 3)
Jiangxi Copper Co , one of China's biggest copper smelters, needs treatment and refining charges (TC/RCs) of around $75 a tonne and 7.5 cents a pound to avoid losing money, its vice president of trading said on Wednesday.
Jiangxi Copper <600362.SS><0358.HK>, one of China's biggest copper producers, saw its net profits hold steady year-on-year in the third quarter, according to Reuters calculations based on a company filing on Tuesday.
Shares of First Quantum Minerals Ltd rose as much as 17% on Thursday after an investment firm backed by Chinese state-owned Jiangxi Copper Co Ltd increased its stake in the Canadian miner.
A former general manager of Jiangxi Copper Co , one of China’s biggest copper producers, has been expelled from the ruling Communist Party and public office for grave violations of discipline and law, the country’s top graft watchdog said.
Germany's North Channel Bank has been fined 110 million Danish crowns ($16.2 million) by a court in Denmark for its involvement in a dividend stripping scheme.
Canada's First Quantum Minerals Ltd on Monday confirmed it was in talks with China-based Jiangxi Copper Co Ltd for a potential sale of a minority interest in its Zambian copper assets.
Jiangxi Copper Co <600362.SS> <0358.HK>, one of China's biggest copper producers, said on Thursday net profit nudged up 1.8% year-on-year in the first half of 2019 as higher production offset lower copper prices.
China's top two copper producers have signed concentrate supply deals with Chilean miner Antofagasta for the first half of 2020, two sources familiar with the matter said on Tuesday.
A former head of Jiangxi Copper Co, one of China's top copper producers, was sentenced to 18 years in jail and handed a 2.2 million yuan ($326,656.67) fine on Tuesday after being found guilty of bribery and corruption offences.
Chinese copper smelter Jiangxi Copper and miner Antofagasta have agreed 2019 copper treatment and refining charges (TC/RCs) at $80.80 a tonne and 8.08 cents a pound, three sources familiar with the matter said.
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