Recently, Xinjiang Baodi Mining Co., Ltd. and Guocheng Mining Co., Ltd. and many other listed mining companies have intensively issued announcements relating to asset mergers and acquisitions and acquisition of mining rights, setting off a small climax of resource integration and capacity expansion. “In a context where the strategic value of mineral resources is becoming more prominent, listed companies increase resource reserves and optimize product structures through market-based means, which helps enhance profit sustainability and resilience to risks, and is in line with the long-term development trend of the industry.” Zhang Xiaofeng, a professor at the School of Economics at North Minzu University, told reporters.

Recently, Xinjiang Baodi Mining Co., Ltd. and Guocheng Mining Co., Ltd. and many other listed mining companies have intensively issued announcements relating to asset mergers and acquisitions and acquisition of mining rights, setting off a small climax of resource integration and capacity expansion. “In a context where the strategic value of mineral resources is becoming more prominent, listed companies increase resource reserves and optimize product structures through market-based means, which helps enhance profit sustainability and resilience to risks, and is in line with the long-term development trend of the industry.” Zhang Xiaofeng, a professor at the School of Economics at North Minzu University, told reporters.