Copper smelter Dongying Fangyuan experiencing ‘tight liquidity’, denies bankruptcy filing

Chinese copper smelter Dongying Fangyuan has acknowledged that it is “experiencing a tight liquidity situation”, according to statement made by the company on Thursday December 12.

“We solemnly declare that we are still operating, although there is a liquidity shortage. Meanwhile, we are closely working with our creditors to find solutions,” the company...

Published

Anna Xu

Archie Hunter

December 13, 2019

03:31 GMT

London, Shanghai