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Jiangxi Copper’s Parent Company to Invest $1.25 Billion in Zhejiang Project
Jul. 30, 2012 04:10PM PST
Base Metals Investing Reuters reported that according to Jiangxi Copper’s (SSE:600362) parent company, it will invest 8 billion yuan ($1.25 billion) in developing smelting and refining capacity in Zhejiang province.
Reuters reported that according to Jiangxi Copper’s (SSE:600362) parent company, it will invest 8 billion yuan ($1.25 billion) in developing smelting and refining capacity in Zhejiang province.
As quoted in the market news:
Jiangxi Copper plans to run full production and produce 1.09 million tonnes of refined copper cathode this year, up 16 percent from 940,000 tonnes last year.