SMM: state-owned metal producers China Minmetals Group and Jinchuan Group plan to build a copper concentrate mixing plant in Guangxi, according to two people familiar with the matter. The plant will be located in the port city of Fangchenggang, where Jinchuan already owns a copper smelter with an annual capacity of 400000 tonnes, in which trader Trafigura has a 30 per cent stake.

The source added that Trafigura (Trafigura) was not involved in the smelter's plan, but Guangxi Nanguo Copper, a local smelter, was involved.

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