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    market news

    Xiamen Tungsten to buy out asset from Mitsubishi Chemical

    Investing News Network
    Dec. 27, 2010 11:41AM PST
    Critical Minerals Investing

    China Knowledge.com reports that Xiamen Tungsten Co Ltd has bought Guangzhou Pearl River Optoelectronic New Material Co Ltd from Japan’s Mitsubishi Chemical Corp.

    China Knowledge.com reports that Xiamen Tungsten Co Ltd has bought Guangzhou Pearl River Optoelectronic New Material Co Ltd from Japan’s Mitsubishi Chemical Corp.

    The story is quoted as saying:

    The company’s subsidiary Fujian Changding Jinglong Lanthanide Co Ltd will spend US$3.87 million to purchase the target firm, which is wholly owned by Mitsubishi Chemical.

    To access the full story, click here.

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