China Eyes Peruvian Copper Mine for $5.2 Billion to Plug Supply Shortage

(REUTERS HONG KONG | Fri. Aug 23, 2013) Jiangxi Copper Co Ltd. has joined a list of potential Chinese suitors interested in buying GlencoreXstrata’s $5.2 billion-plus Las Bambas copper mine in Peru, underscoring the Chinese government’s desire to plug a shortage in copper supply. Glencore’s sale of the mine comes at an opportune time for […]

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