Asia, News

Chinese Consortium Buys Peru Mine for $6 Billion

ChinaA consortium of state-owned Chinese companies led by China Minmetals Corporation, one of the country’s biggest metals miners, announced on Monday an agreement to buy a giant copper mine in Peru from Glencore Xstrata for more than $6 billion. A consortium of state-owned Chinese companies led by China Minmetals Corporation, one of the country’s biggest metals miners, announced on Monday an agreement to buy a giant copper mine in Peru from Glencore Xstrata for more than $6 billion.

About the Author

is a lawyer and analyst specialized in EU affairs and international finance. PhosphatePrice.com values the diversity of opinions and believes that the plurality of points of view is an asset that should be preserved.