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06

China Minmetals Chairman Sees More Purchases of Overseas Assets

By Tony Seruga

Minmetals in touch with all leading global miners, He says
“We discuss everything we’re interested in,” Chairman says

Chinese companies will continue buying overseas mining assets as the industry goes through structural changes and China looks to lower its dependence on resources controlled by foreign companies, He Wenbo, chairman of China Minmetals Corp., said on Sunday.

Responding to a question about the possibility of purchasing more assets from Glencore, He said Minmetals keeps in touch with all leading global mining companies. “We discuss everything we are interested in,” he said, without providing further detail. He spoke to Bloomberg on the sidelines of National People’s Congress meetings in Beijing…

China Minmetals Chairman Sees More Purchases of Overseas Assets

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