China's Xiangguang Copper has terminated talks with Australian miner CuDeco Ltd over the potential financing and purchase of the Rocklands project in Queensland.
Xiangguang said it is evaluating other, similar opportunities.
Earlier, the company said it was talking with CeDeco for 15 percent stake in the latter's Rocklands copper project.
Xiangguang Copper is a copper refinery located in Shandong province of eastern China. It is seeking high-quality copper concentrate resources to increase its annual cathode copper refining capacity to 400,000 metric tons (tonnes).
No comments:
Post a Comment