TD Holdings, Inc. And Achieve Prosper Limited To Establish Joint Venture In Lombok, Indonesia For Mining Three Local Large Gold Deposits
Portfolio Pulse from Happy Mohamed
TD Holdings, Inc. (NASDAQ:GLG) has signed a partnership agreement with Achieve Prosper Limited to establish a joint venture in Lombok, Indonesia for mining three large gold deposits. The JV aims to fuel business growth and increase profitability through exploring mineral resources.
May 30, 2023 | 12:34 pm
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TD Holdings (GLG) enters a joint venture with Achieve Prosper Limited to mine gold deposits in Indonesia, potentially boosting business growth and profitability.
The joint venture will allow TD Holdings to enter the gold mining industry in Indonesia, integrating upstream mineral resources to fuel long-term business growth and increase profitability. The partnership with Achieve Prosper Limited provides access to high-quality gold mines and local expertise, which can positively impact GLG's stock price in the short term.
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