Others News
- China Metallurgical wins Afghan mine
Date: 22-Nov-2007 Sources: (Shenzhen Daily)
CHINA Metallurgical Group Corp., the State-owned diversified metal producer, led a group that beat four rivals for the right to develop Afghanistan's largest copper mine with a US$2.87 billion offer, a company consultant said yesterday.
Under China Metallurgical's plan, the Aynak mine would produce 200,000 metric tons of refined copper a year, Eddie Hedayat Azizi, the company's consultant on the bid, said Kabul. Construction on the mine, located southeast of the capital, may start in six months to a year, he said.
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