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China's MMG Clinches Coveted Copper Mine With $1.9 Billion Deal

(Bloomberg) China’s MMG Ltd. has clinched one of the biggest copper deals of the year, agreeing to pay $1.9 billion for a mine in southern Africa as major commodities groups vie to add supply of the red metal.Most Read from BloombergCitigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringNearly All of OpenAI Staff Threaten to Go to Microsoft If Board Doesn’t QuitThe Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAIMicrosoft Ends Weekend of OpenAI Drama With Coup of Its O ....

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Copper mine flashes cautioning of 'massive situation' for globe supply

‘There’s no other way we can provide the quantity of copper in the following 10 years to drive ....

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Copper mine flashes warning of 'huge crisis' for world supply

There’s no way we can supply the amount of copper in the next 10 years to drive the energy transition and carbon zero. ....

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Copper mine flashes warning of huge crisis for world supply

The transition to clean energy depends on copper, but a vast Mongolian mining project offers a glimpse of the metal’s troubled future. ....

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Rio Tinto digs deep as prized $7bn copper mine finally delivers

The Oyu Tolgoi project is now producing ore from 1.3 kilometers below the surface of the Gobi Desert, Rio’s Chief Executive Officer Jakob Stausholm said. ....

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