Major Chinese copper miner Jiangxi Copper Corp is exploring investment opportunities in Central Asia and Africa, the company's chairman was quoted as saying in media reports on Thursday.
It has been considering buyouts of mines and smelting plants in those regions, and the company's overseas expansion has been encouraged by the China-proposed Belt and Road initiative, Chairman Long Ziping told media in Beijing, domestic financial news site jiemian.com reported.
The copper price in China has been supported by a boom in new-energy vehicles and expansion of the electricity grid, but there is still room for a further increase, according to media reports. Many copper mines in China are operating at full capacity.
Source: www.chinamining.org Citation: Global Times
About CHINA MINING
Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.
CHINA MINING Congress and Expo 2017 was held at Meijiang Convention and Exhibition Center in Tianjin in September 23-25, 2017. We invite you to join the event and to celebrate the 19th anniversary of CHINA MINING with us. For more information about CHINA MINING 2017, please visit: m.balanzskin.com.
