China Baoli Technologies Holdings Ltd. (HK:0164) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
China Baoli Technologies Holdings Ltd. has entered into a strategic cooperation agreement with Van Pacific Resources Ltd. to develop coal mining operations in Mongolia. The collaboration aims to ramp up production to 5 million tons per year, with China Baoli securing exclusive rights to mining production and establishing a power and data center on site. The partnership is set for an initial term of ten years, with a focus on leveraging Mongolia’s coal resources efficiently.
For further insights into HK:0164 stock, check out TipRanks’ Stock Analysis page.