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Orient Tantalum Industry to Pour 100 Million Yuan into a Fully-Owned Subsidiary, Venturing into Rare Earth Metal Smelting
2 day ago /
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Author：小编
On June 10, Ningxia Orient Tantalum Industry Co., Ltd. made public its intention to allocate 100 million yuan for the establishment of a fully-owned subsidiary, tentatively named Ningxia CNMC Key Metal Materials Co., Ltd. This new entity will focus on a range of operations, including the smelting of rare and rare earth metals, the production and sale of chemical products, the sale of metal ores, as well as the research, development, and manufacturing of specialized electronic materials. Currently, the subsidiary is in its preparatory phase and will commence formal operations upon receiving approval from the market supervision and administration authorities.
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