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Guinea Seeking Detail on China’s Infrastructure Investment Plan

Investing News Network
Feb. 14, 2011 03:05PM PST
Gem Investing

Bloomberg reported that Guinea wants more information on the planned $7 billion mining and infrastructure investment by the China Investment Fund.

Bloomberg reported that Guinea wants more information on the planned $7 billion mining and infrastructure investment by the China Investment Fund.

The article states:

Guinea holds as much as half of the world’s reserves of bauxite, a raw material used in aluminum production. It also holds more than 4 billion metric tons of “high-grade” iron ore, “significant” diamond and gold deposits, and undetermined quantities of uranium.

To read the full article, click here.

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