Kazakhmys Secures $1.5 bln China Copper Loan

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.

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