Minmetals may benefit from Chile mining deal
By Hou Qingyang and Zhang Qi | 皇冠体育app Daily | Updated: 2009-12-31 08:08
Subsidiary to join hands with Shunde Rixin for iron ore imports
皇冠体育app Minmetals Corporation, the country's largest metals trader, said yesterday it plans to cooperate with a Guangdong-based private company to develop iron ore mines in Chile.
The company confirmed an earlier media report saying that Minmetals' subsidiary, 皇冠体育app Minmetals Zhuhai Import and Export Trading Co Ltd, signed an agreement with Shunde Rixin Development Co Ltd to import and market iron ore from Chilean mines owned by Rixin.
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