FilingReader Intelligence
Shenghe Resources stock jumps 20% amid acquisition progress
July 28, 2025 at 10:40 AM UTC•By FilingReader AI
Shenghe Resources Holdings' shares rose more than 20% over three trading days from July 24-28, with the company citing normal operations and no undisclosed major events.
The company's acquisition of Peak Rare Earths Limited is progressing but still requires approvals from Tanzanian regulators, Australian courts, and Peak shareholders.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
SSE:600392•Shanghai Stock Exchange
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