China copper smelter Shandong Fangyuan says working usually regardless of liquidity issues

HomeStock

China copper smelter Shandong Fangyuan says working usually regardless of liquidity issues

BEIJING, Dec 12 (Reuters) - China's Shandong Fangyuan Nonferrous Metals Group, one of many nation's


BEIJING, Dec 12 (Reuters)China’s Shandong Fangyuan Nonferrous Metals Group, one of many nation’s greatest personal copper smelters, stated on Thursday that it’s working usually and denied on-line rumours that it had filed for banruptcy.

“Though the corporate has a sure diploma of liquidity scarcity at current, its manufacturing and operations are regular,” Fangyuan stated on its web site. “Our firm is involved with related creditor establishments to actively negotiate and remedy the present debt downside.”

(Reporting by Tom Daly Modifying by David Goodman)

(([email protected]; +86 10 5669 2119;))

The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.



nasdaq.com