Chinese snap up base metals projects
Zinc-rich properties in Nunavut offer huge state-owned metals trader potential for ample and reliable future minerals supply
Last updated 6/27/2010 at Noon
Chinese companies are doing their homework and investing in base metals projects in northern and western Canada to take advantage of rising prices and to secure a future supply of the minerals for their operations back home.
First on the scene were private Chinese companies, Jinduicheng Molybdenum Group and Northwest Nonferrous International Investment Co. In the summer of 2008, they purchased...