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Southern Cross Gold Consolidated Ltd. press release

Chinese Government Calls on Metals Industry to Restrict Price Inflation

TSX - Toronto Stock Exchange · Australia

As global metal demand fluctuates as a result of the pandemic’s impact on various industries, the Chinese government is urging its mining sectorto pay no attention to the price inflation and speculation on metal demand.

This was announced during an industry meeting held by the country’s National Development and Reform Commission and other state bodies. Various private aluminum, iron and steel producers attended the meeting and were urged to not drive the prices of metals higher...

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NOTE TO INVESTORS: The latest news and updates relating to First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) are available in the company’s newsroom at http://ibn.fm/FEMFF

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Earlier from Southern Cross Gold Consolidated Ltd.