Why should we care? After all, it's far from the USA.
Yeah, but what is copper used for? If we lack access to it for our technology, what is it going to cost us. Another matter of world affairs ignored by American media with its obsession for things it thinks will attract viewers/readers.
Read more @ BBC News - China group buys $6bn Glencore Peru copper mine
Yeah, but what is copper used for? If we lack access to it for our technology, what is it going to cost us. Another matter of world affairs ignored by American media with its obsession for things it thinks will attract viewers/readers.
A Chinese consortium is buying Glencore Xstrata's copper mine in Peru in a $6bn (£3.6bn) all-cash deal, marking one of China's largest mining acquisitions.
The mine is expected to produce more than 450,000 tonnes of copper a year in its first five years.
China relies heavily on the metal, which is used in electronics production.
Read more @ BBC News - China group buys $6bn Glencore Peru copper mine