China Largest Nickel, Cobalt Recycler Shenzhen GEM to Buy 60% Stake in Ningda Noble Metal

Jun 27, 2014 07:56 GMT   Source:SMM

SHANGHAI, Jun. 27 (SMM) – Shenzhen GEM High-Tech Co. signed a framework agreement June 26 to acquire 60% stake in Yangzhou Ningda Noble Metal Co. at tentative price of 312 million yuan ($ 50.61 million). Ningda Noble Metal, mainly devoted to e-waste dissembling, and recycl......

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