Jinchuan’s IPO hits environmental hurdle
China’s environmental protection regulator has suspended Jinchuan Group’s application for an initial public offering (IPO) after finding the company in breach of several pollution control standards.
The Ministry of Environmental Protection (MEP) said that the nickel and cobalt major had failed to meet the conditions of its environmental influence assessment, according to a statement released on Monday December 3.
Read more at: http://www.metalbulletin.com/Article/3285318/Base-metals/Jinchuans-IPO-hits-environmental-hurdle.html
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