MMG (HK:1208) has released an update.
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MMG Limited has entered into a copper concentrate sales agreement with Khoemacau Copper Mining Pty Ltd, marking a significant continuing connected transaction. The agreement, which includes negotiated terms comparable to market rates, covers sales for 2024 and 2025 and outlines delivery and pricing specifications. The company’s strategic move is poised to strengthen its market position while adhering to regulatory requirements.
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