Peru’s energy and mining minister Eleodoro Mayorga tells the Financial Times his country is set to become the world’s second-largest copper mining nation thanks to $20 billion of Chinese projects.
A subsidiary of Minmetals, for example, last month acquired Glencore’s Las Bambas copper project, which is expected to produce 450,000 tonnes annually when it goes into full production
© ChinTell Ltd. All rights reserved.
Exclusively sponsored by HSBC.
The Week in China website and the weekly magazine publications are owned and maintained by ChinTell Limited, Hong Kong. Neither HSBC nor any member of the HSBC group of companies ("HSBC") endorses the contents and/or is involved in selecting, creating or editing the contents of the Week in China website or the Week in China magazine. The views expressed in these publications are solely the views of ChinTell Limited and do not necessarily reflect the views or investment ideas of HSBC. No responsibility will therefore be assumed by HSBC for the contents of these publications or for the errors or omissions therein.