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Chinese miners to snap up more foreign copper assets

Chinese miners have no intention of hitting the brakes on investment in overseas copper assets in coming years as they look to feed growing demand back home and offset the impact of slow Chinese production growth, delegates at the Asia Copper Conference in Shanghai heard on Thursday.

Chinese miners to snap up more foreign copper assets Chinese miners to snap up more foreign copper assets Chinese miners to snap up more foreign copper assets Chinese miners to snap up more foreign copper assets Chinese miners to snap up more foreign copper assets

A drill rig operating on the Kamoa-Kakula Project in the DRC - now part owned by Zijin Mining

"Because China's smelting capacity is still expanding, we need to make sure we have the raw materials to work with.