News
01 July 2019

China’s Chengtun issues $346m bonds for DRC cobalt-copper project

In:
Metals and Mining
Region:
Middle East & Africa, Asia-Pacific

China's mining and metals company Chengtun has issued RMB2.4 billion ($346 million) of convertible bonds to finance a new cobalt-copper production facility in the Democratic Republic of Congo.The plant has a capacity of 30,000 t/yr for copper metal and 5,800 t/yr for crude cobalt...

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