Chinese firms acquire managerial control of large N. Korean copper mine: sources

Yonhap
12/24/2006

Chinese firms have bought a controlling stake in one of the largest copper mines in North Korea, industry sources said Sunday.

Sources familiar with business cooperation between North Korea and China said Hebei-based Luanhe Industrial Group and another privately owned company signed a deal that gives the firms control over Hyesan Youth Cooper Mine in Yanggang Province.

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This entry was posted on Sunday, December 24th, 2006 at 6:04 pm and is filed under China, Copper, Economic reform, Foreign direct investment, Hyesan Youth Cooper Mine, Mining/Minerals. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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