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China Molybdenum approved to issue up to RMB 10 billion corporate bonds
By William Gullotti
Buffalo, N.Y., Aug. 29 – CMOC Group Ltd., formerly China Molybdenum Co., Ltd., received regulatory approval to issue up to RMB 10 billion of corporate bonds within the next 24 months, according to an announcement on Monday.
The corporate bonds may be issued in tranches and will be listed on the Shanghai Stock Exchange.
The molybdenum and tungsten producer is based in Luoyang, China.
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