China’s dominant mineral products spot trading platform launched

China’s dominant mineral products spot trading platform launched

Source: Tianjin Daily   Citation: Tianjin Daily  Date: Nov.5, 2013

Our journalist learned from CHINA MINING 2013 that Tianjin International Mining Exchange held Risk Exploration Capital Market Strategic Investors Signing Ceremony and Launching Ceremony of China’s Dominant Mineral Products Spot Trading Platform, which marked Chinese risk exploration capital market construction had been officially launched and China’s Dominant Mineral Products represented by tungsten products had entered electronic transaction age.

This GEM aims to mining enterprises, especially capital market of risk exportation enterprises. It will provide financing platform for risk exploration enterprises, expand financing channel for domestic mining projects and accelerate socialization of exploration projects investments that conform to mining development rules. At present, Tianjin International Mining Exchange is carrying out the docking between overseas international standard and original geological exploration rules to formulate China’s own rules of capital market construction of risk exploration enterprises.

It was introduced that the first stage of market construction was outside financing transaction which could provide customized financing service for mining enterprises having financing needs and make customized financing plan for equity financing program of mining companies which could be summed as “one to one” and “one to many” financing. (Hu Xiaowei)(Translated by TLRHVC)

About CHINA MINING

As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.

CHINA MINING Congress and Expo 2013 were held at Meijiang Convention and Exhibition Center in Tianjin on November 2-5, 2013. We invite you to join the event and to celebrate the 15th anniversary of CHINA MINING with us. For more information about CHINA MINING 2013, please visit: www.chinaminingtj.org.