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China Nonferrous Mining (01258.HK) Expects 1Q26 Profit of USD201 million, Up 63%
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China Nonferrous Mining (01258.HK) announced that for the three months ended March, it expects profit attributable to owners of the company of approximately USD201 million, representing a YoY increase of 63%, mainly benefiting from rising international copper prices as well as increases in sulfuric acid sales volume and average selling prices. For the first three months, the Group produced a total of 38,635 tonnes of cathode copper, up 10% YoY, achieving approximately 29% of its annual production guidance; output of blister copper and anode copper totaled 102,061 tonnes, down 7% YoY, achieving approximately 29% of its annual production guidance; and production of cobalt contained in cobalt hydroxide amounted to approximately 43 tonnes, down 81% YoY, achieving approximately 7% of its annual production guidance. (de/d) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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