China Molybdenum buys Rio Tinto Australia copper mine in first offshore deal The purchase marks the biggest Chinese mining deal since China Guangdong Nuclear Power Corp won control of the Husab uranium project in Namibia for about $2.3 billion last year, as Beijing turned cautious on approving overseas acquisitions after splashing billions of dollars on iron ore projects in Australia that have yet to generate returns.
Posted on: Mon, 29 Jul 2013 06:23:30 +0000
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