Shengda Resources Plans To Buy 60% Stake In Mining Firm

About this update from Shengda Resources Co., Ltd. Class A

Shengda Resources Co Ltd SZSE:000603:SAYS CO PLANS TO BUY 60% STAKE IN MINING FIRM FOR 500 MILLION YUAN ($70.73 million)($1 = 7.0690 Chinese yuan renminbi)

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