Metorex Secures $10 Million Loan for Working Capital Operations

Reuters

06/25

Metorex Secures $10 Million Loan for Working Capital Operations

Metorex (Proprietary) Limited, a wholly-owned subsidiary of Jinchuan Group International Resources Co. Ltd., has recently entered into a loan agreement with a bank for a revolving loan facility amounting to US$10,000,000. The loan, which has a term of 12 months, will be utilized for the working capital needs of Metorex and its subsidiaries. The agreement stipulates that Jinchuan Group Co., Ltd., the ultimate controlling shareholder of Jinchuan Group International, must maintain its control over Metorex, as a breach of this condition could lead to the termination of the credit facility and potential demand for full repayment by the bank.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jinchuan Group International Resources Co. Ltd. published the original content used to generate this news brief on June 25, 2025, and is solely responsible for the information contained therein.

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Ltd., has recently entered into a loan agreement with a bank for a revolving loan facility amounting to US$10,000,000. The loan, which has a term of 12 months, will be utilized for the working capital needs of Metorex and its subsidiaries. The agreement stipulates that Jinchuan Group Co., Ltd., the ultimate controlling shareholder of Jinchuan Group International, must maintain its control over Metorex, as a breach of this condition could lead to the termination of the credit facility and potential demand for full repayment by the bank.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jinchuan Group International Resources Co. Ltd. published the original content used to generate this news brief on June 25, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1206","symbol_name":"铜","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250625:nNDLbbsJ7W:1","article_id":"2546216080","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2546216080","pubTimestamp":1750846435,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Metorex  Limited, a wholly-owned subsidiary of Jinchuan Group International Resources Co. 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