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China Copper seeks to acquire overseas mines

Tuesday, 12 March 2024



BEIJING, Mar 11 (Reuters): China Copper, one of the country's leading producers of the metal, wants to acquire overseas mineral resources amid tight mined copper supply and rising demand, the company's chairman told Reuters on Monday.
A lack of rich copper resources at home has driven Chinese companies to hunt elsewhere, with an unexpected supply deficit this year adding to the impetus.