摘要
The mining industry is a typical cyclical industry,and it is very important for enterprises to judge the timing of M&A.CMOC,the world’s second-largest cobalt and niobium producer,leverage the capital market to reserve cash before M&A opportunities arose,and then made efforts to seize the opportunity of the M&A“window period”when the industry was in a slump.The above comments were made by Li Chaochun,Vice Chairman and Chief Investment Officer of CMOC,at the 2023 World Copper Conference(Asia)on November 15.