China Vanadium Titano-Magnetite Mining Co., Ltd. (HK:0893) has released an update.
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China Vanadium Titano-Magnetite Mining Co., Ltd. is set to resume operations at its Maoling-Yanglongshan Mine in Sichuan Province after a safety incident, pending governmental clearance. The company has implemented several safety measures, including forming a safety committee and launching a three-year safety upgrade plan, to enhance operational safety standards. Despite anticipating a regulatory penalty, the management is committed to ensuring a safe work environment and will monitor the situation closely.
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