China Development Bank loans millions to Kazakhstan copper company

Xinhua | December 18, 2011 | 1:57 am Base Metals China Europe Copper

China Development Bank (CDB), one of the country’s three policy banks, has signed two agreements with Kazak copper giant Kazakhmys PLC, granting the mine and refinery operator 1.34 billion U.S. dollars and 1 billion yuan (158 million U.S. dollars) for a new project.

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