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Minmetals to buy stake in Hunan Nonferrous Group

Tuesday, November 17, 2009

On Saturday, China’s biggest base metals trader, Minmetals CHMIN.UL, is expected to buy a stake in the Hunan Nonferrous Group (2626.HK) soon. To add, provincial government of Hunan, in central China, was strongly backing the deal. The news article is quoted as saying: In September 2008, Minmetals signed a strategic cooperation pact with Hunan Nonferrous, [...]

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