China Reduces US$9.3 bln in US Debt in November

<p>SHANGHAI, Jan. 20 -- Michigan state regulators have given the go-ahead to Kennecott Eagle Minerals Co. to build a nickel-copper mine in the state's Upper Peninsula, leaving just one environmental hurdle to clear.</p>
<p>Kennecott Eagle Minerals Co., Ltd found the nickel-copper reserve in 2003, and the company had been making efforts to persuade the government to approve the license for the development of the mine during those 7 years.</p>
<p>It is expected the mine reserves 0.25-0.3 billion lbs nickel and 0.2 billion lbs copper.</p>
<p>(Edited by SMM)</p>
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