Zijin Mining Steps up Copper Supply to Xinjiang Non-Ferrous Metal

Published: Sep 14, 2016 18:42

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Zijin Mining’s Subsidy Xinjiang Ashele Copper Co. increased copper concentrate supply to Xinjiang Non-Ferrous Metal Industrial Group Co. by a supplemental contract, zhitongcaijing.com reports.

SHANGHAI, Sep. 14 (SMM) - Zijin Mining’s Subsidy Xinjiang Ashele Copper Co. increased copper concentrate supply to Xinjiang Non-Ferrous Metal Industrial Group Co. by a supplemental contract, zhitongcaijing.com reports.

According to the agreement signed September 8, Xinjiang Ashele Copper will increase copper concentrate supply by no more than 9,000 tonnes with value no exceeding 400 million yuan to Xinjiang Non-Ferrous Metal Industrial Group.

Zijin Mining is one of major shareholders of Xinjiang Ashele Copper Co., holding a 51% stake in the company.

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