China Consortium Buys Peru Copper Mine

Global Business

A consortium led by China Minmetals Corp, the state-owned metals trader, has agreed to buy and develop a copper mining project in Peru. CCTV’s Dan Collyns reports from Lima.

Follow Dan Collyns on Twitter@CCTV_dancollyns

China Consortium Buys Peru Copper Mine

A consortium led by China Minmetals Corp, the state-owned metals trader, has agreed to pay US$5.85 billion for Glencore Xstrata's Las Bambas copper project in Peru. CCTV's Dan Collyns reports.