CITIC Dameng Purchased A Sulfuric Acid Factory in Daxin County

  • Friday, August 29, 2014
  • Source:ferro-alloys.com

  • Keywords:Mn metal, Manganese metal, EMM, electrolytic manganese
[Fellow]According to a latest report released in Hong Kong Exchanges, CITIC Dameng Mining Industries Ltd (CITIC Dameng) recently purchased a sulfuric acid factory located in Daxin County,

[Ferro-alloys.com] According to a latest report released in Hong Kong Exchanges, CITIC Dameng Mining Industries Ltd (CITIC Dameng) recently purchased a sulfuric acid factory located in Daxin County, Chongzuo City, Guangxi Autonomous Region. This factory was founded in 2005 and CITIC Dameng originally held 15% share. In the first half of 2014, CITIC Dameng purchased another 75% share with RMB 47.28 million (USD7.63 million). After the purchase, it held about 90% share of the company and a stable supply of sulfuric acid was obtained.

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  • [Editor:Mike.zhang]

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