Chinese metal companies have stepped up acquisitions of overseas resources, locking in ore supplies as the country builds skyscrapers, power grids and railways. Playing a vital role in filling China's ...More
EJ Insight2015-05-14
A consortium of state-owned Chinese companies led by China Minmetals Corp., one of the country’s biggest metals miners, announced Monday a deal to buy a giant copper mine in Peru from Glencore Xstrata ...More
EJ Insight2014-04-15
MMG Ltd. (01208.HK), together with Guoxin International Investment Co. Ltd.'s unit and CITIC Metal Co. Ltd., has proposed to acquire Glencore Xstrata's Las Bambas copper project in Peru for US$5.85 bi ...More
EJ Insight2014-04-14
Mining firm GlencoreXstrata PLC said on Sunday that it agreed to sell its Las Bambas Peruvian copper project to a Chinese consortium in an all-cash deal worth at least US$5.8 billion, the Wall Street ...More
EJ Insight2014-04-14
Chile, the world's largest exporter of copper, is seeking to diversify its exports to China by adding seafood, fruits and red wine to its traditional shipments of copper to the Asian economic giant, a ...More
EJ Insight2014-01-13
Time was that state-owned conglomerate China Minmetals Corp. could do no wrong. Back in 2008, it was the darling of the propaganda apparatus, with cheerleaders touting its buying spree as an example o ...More
EJ Insight2013-11-01
