Kazakhmys Secures $1.5 bln China Copper Loan

Base Metals Investing

Reuters reports that on Monday, Kazakhmys (ETR:KQ1) secured a $1.5 billion loan from China.

Reuters reports that on Monday, Kazakhmys (ETR:KQ1) secured a $1.5 billion loan from China.

The market news is quoted as saying:

Kazakhmys expects to conclude the full loan agreement with state-run China Development Bank this year, allowing it to develop its Aktogay field in Kazakhstan without selling a stake in the deposit to China’s Jinchuan Group Ltd.

Click here to access the entire news

The Conversation (0)
×