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CITIC posts Q1 profit rise

CITIC Securities Co, China's biggest brokerage, reported a 3.6% rise in first-quarter profit on Thursday, thanks to stronger investment returns as the economy recovers, reports Reuters. Net profit in the January-March period rose to RMB 5.4 billion ($780.22 million), the company said in a stock exchange filing. The company's investment income surged 89.6% year-on-year to RMB 5.82…
Securities Co

Ivanhoe Mines and Gécamines Agree on Off-Take and Financing Terms to Return the Ultra-High-Grade Kipushi Mine in the DRC to Production

Ivanhoe Mines Executive Co-Chair Robert Friedland and President Marna Cloete, together with Chairman Guy-Robert Lukama Nkunzi and General Manager Placide Nkala Basadilua of Gécamines, the... | April 27, 2023
Democratic Republic Of The General Democratic Republic Of The Congo City Of United Kingdom South Africa British Columbia

Ivanhoe Mines Ltd.: Ivanhoe Mines and Gécamines Agree on Off-Take and Financing Terms to Return the Ultra-High-Grade Kipushi Mine in the DRC to Production

Off-take term sheet for 100% of Kipushi's zinc concentrate, together with US$250 million facility supported by GlencoreKipushi construction advancing ahead of schedule; first concentrate production expected
South Africa Democratic Republic Of The General Democratic Republic Of The Congo City Of United Kingdom Isle Of Wight

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CITIC Securities Expects Lithium Sector to Rebound, Citing Regulatory Hurdles in Chile_SMM

The CITIC Securitiesโ€™ latest research report pointed out that the nationalisation strategy of Chile's lithium resources reflects the increasingly complex development environment of lithium resources in South America, which may cause a slowdown in lithium resource development investment in South America in the future.
United States South America
Source: metal.com

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