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1. China starts building 3 nuclear power stations inland
China has begun the design and construction of three inland nuclear power stations as part of its effort to boost economic growth in the vast inland areas, said Wang Binghua, chairman of State Nuclear Power Technology Corp, the official Xinhua News Agency reported.The three power stations will be located in...
9 Nov 2009
2. JPMorgan raises shareholding in Jiangxi Copper
U.S.-based financial holding company JPMorgan Chase & Co recently raised its shareholding in China's Jiangxi Copper Co Ltd<600362><0358> to 7.15% from the previous 6.96%, according to the bourse operator Hong Kong Exchanges and Clearing (HKEx)<0388>.HKEx said JPMorgan bought 2.62 million
21 May 2009
3. UBS raises shareholding in Jiangxi Copper to 5.22%
Swiss investment bank UBS AG has raised its stake in China's Jiangxi Copper Co Ltd<600362><0358> to 5.22% from the previous 4.59%, according to the Stock Exchange's SDI information.UBS bought 8.719 million H-shares of the company on Apr. 28. Its total H-shares in the country's largest integrated copper
5 May 2009
4. Jiangxi Copper releases annual report for 2008
Jiangxi Copper Co Ltd<600362><358>, the largest integrated copper producer in mainland China, today released its annual report for fiscal year 2008, which shows its net profit stood at RMB 2.3 billion, plunging 49.6% from one year earlier, the Shanghai Securities News reported.The company realized RMB 53.9
1 April 2009
5. Ganzhou to procure tungsten and rare earth products
Ganzhou City of China's Jiangxi Province plans to spend around RMB 1.8 billion to procure tungsten and rare earth products to stabilize market prices, sources reported.Ganzhou will buy 10,000 tons of scheelite and tungsten products, 10,000 tons of rare-earth ore and all kinds of separation products made from rare
17 March 2009
6. Jiangxi banking industry posts RMB 9.82 bln profit for 2008
The banking industry in Jiangxi Province gained about RMB 9.82 billion in 2008, representing an increment of 26.76%, or RMB 2.07 billion, year on year, sources reported, citing the statistics from Nanchang branch of the People's Bank of China (PBOC). Financial institutions paid taxes totaling around RMB 3.18 billion
29 Jan 2009
7. BHP to pay 60% higher processing fees to Jiangxi Copper
Jiangxi Copper Co Ltd<600362><358>, China's second-largest copper smelter, will receive a 60% increase in copper processing fees from its partner, the world's largest mining enterprise, BHP Billiton Ltd, the Shanghai Daily reported, citing an executive with the Chinese miner who directly involved in the talks.
29 Jan 2009
8. Freeport-McMoRan to pay higher processing fee to Jiangxi Copper
Jiangxi Copper Co Ltd<600362><358>, the mainland's largest integrated copper producer, will receive higher processing service fees from Freeport-McMoRan Copper and Gold Inc, the world's second largest producer copper, this year, sources reported, citing company executives as saying.Fees for smelting ore
15 Jan 2009
9. Lenders agree to fund Minmetals' mine project in Peru
China Minmetals Group, the country's largest state-owned metal and mineral producer and trader, has inked financing framework agreement with Chinese and Peru lenders on a mine project in Peru, sources reported. According to the terms of the agreement, Shanghai and Hong Kong dual-listed Jiangxi Copper
21 Nov 2008
10. Jiangxi Copper faces futures trading loss
Jiangxi Copper Co Ltd<600362><358>, the mainland's largest integrated copper producer, may book loss between RMB 452 million and RMB 904 billion from futures trading this year, the South China Morning Post reported Friday, citing estimates by Morgan Stanley as saying. The U.S. investment bank revealed that
7 Nov 2008
11. Huaneng Power acquires power plant in Jiangxi
Huaneng Power International Inc<600011><902>, the listed unit of the country's largest power producer China Huaneng Group, has acquired a power plant in Jiangxi province, sources reported. Huaneng Power Int'l will buy the 100% stake of Pingxiang-based power plant and the acquisition will boost
23 Oct 2008
12. Jiangxi Copper Q3 profit down 26.9%
Jiangxi Copper Co Ltd<600362><358>, the mainland's largest integrated copper producer, said its third-quarter profit fell 26.9%, mainly dragged down by investment losses, according to its quarterly financial report filed to the Shanghai Stock Exchange today. The Jiangxi-based company raked in net profit of RMB
22 Oct 2008
13. ZTE to invest RMB 6 bln in Xi'an facility
ZTE Corporation<000063>, China's largest listed telecoms manufacturer, will establish a R&D and production base in Xi'an with a total investment of RMB 6 billion, according to the company's statement filed with the Shenzhen Stock Exchange today. ZTE has signed the investment agreement with the
7 Oct 2008
14. Jiangxi Ganyue Expressway to issue new bonds
Jiangxi Ganyue Expressway Co. Ltd<600269>, a China-based expressway operator, announced that its directorate has approved its plan of issuing short-term bonds worth no more than RMB 2 billion. According to the company's statement, the expressway operator will submit the bond issue application to the
23 Sept 2008
15. Jiangxi Copper to issue RMB 6.8 bln convertible bonds
China's largest integrated copper producer Jiangxi Copper Co Ltd<600362><358> announced on Wednesday it has secured approval from the China Securities Regulatory Commission (CSRC) to issue up to RMB 6.8 billion worth of eight-year convertible corporate bonds with warrants. The company said in a
12 Sept 2008
16. Jiangxi Copper Co to cut output up to 30% in Aug
China's Jiangxi Copper Co<600362><358>, the largest integrated copper producer in the country, said it would cut its semi-finished products by 20% to 30% in August following the requirement by the local authorities. Jiangxi Copper, with an annual capacity of 370,000 tons of semis, would try to keep normal
18 Aug 2008
17. Jiangxi Copper to buy 90% of parent's assets
Jiangxi Copper Co. Ltd<600362><358>, the country's largest integrated copper producer, will acquire 90% stake of its parent Jiangxi Copper Corp for RMB 2.14 billion, industry sources reported.The partly foreign-owned company had planned to buy out its parent's assets. However, due to the regulatory restriction on
4 Aug 2008
18. Jiangxi Copper wins nod to issue RMB 6.8 bln convertible bonds
China largest integrated copper producer Jiangxi Copper Co Ltd<600362><358> announced Monday it has secured conditional approval from the China Securities Regulatory Commission (CSRC) to issue up to RMB 6.8 billion worth of eight-year convertible bonds with warrants.According to the company, it will pay
29 July 2008
19. Jiangxi Copper to boost capacity of Dexing Mine
Jiangxi Copper Co<600362><358>, China's largest producer of the metal, is gearing up to expand production capacity at its Dexing Copper Mine, to secure self-sufficiency in raw materials supplies. The Shanghai-listed company will boost the mine's capacity to 130,000 metric tons each day by 2011, up
2 July 2008
20. Jiangxi Copper, China Metallurgical to develop Afghan mine
Jiangxi Copper Co Ltd<600362><358>, China's second-largest copper producer, has announced an agreement with state-owned construction company China Metallurgical Group Corp (CMGC) to jointly set up a mining company in Afghanistan. Development of Afghanistan's Aynak copper mine would involve a
30 June 2008
 
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