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  • Beifang Glass inks agreement to sell tin ingot to Triumph Mineral Resources

    2023-10-31 14:53:59   [Print]
    On October 27, Qinhuangdao Beifang Glass Co.Asian Metal Copyright68 million USD3.Asian Metal Copyright, Ltd.Asian Metal Copyright047 tonnes of tin ingot at RMB209,500t USD28,631t to CNBM Triumph Mineral Resources Group Co.Asian Metal Copyright, a wholly-owned subsidiary of Triumph New Energy Company Limited, reached a deal to sell 113.047 tonnes of tin ingot at RMB209,500/t (USD28,631/t) to CNBM Triumph Mineral Resources Group Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright68 million USD3.Asian Metal Copyright, for a total consideration of approximately RMB23.Asian Metal Copyright047 tonnes of tin ingot at RMB209,500t USD28,631t to CNBM Triumph Mineral Resources Group Co.Asian Metal Copyright68 million (USD3.Asian Metal Copyright The target asset is tin ingot out of molten tin cooled down from the company's float glass production line, which suspended operation as the furnace reached the end of its service life.Asian Metal Copyright24 million).

    The target asset is tin ingot out of molten tin cooled down from the company's float glass production line, which suspended operation as the furnace reached the end of its service life. Beifang Glass plans to sell its inventory of tin ingot to revitalize idle assets since the company no longer uses the metal in its photovoltaic glass project currently under construction.

    .Asian Metal Copyright24 millionAsian Metal Copyright
    Tin Ingot 99.95%min EXW China
    Unit:RMB/mt
    Tin Ingot 99.95%min EXW China RMB/mt
    China tin concentrate producers' number MoM output increase statistics by province by month
    Unit: pcs
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