AVZ 0.00% 78.0¢ avz minerals limited

Running Commentary on the SP Movements., page-8063

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    Another two points,

    The USD$285m road upgrade has been allocated to China Railway Engineering Corp.

    1. Huagang Mining is a group of Chinese enterprises formed by China Railway Group and China Power Construction under the background of active implementation of the national "going global" strategy and investment and development of overseas mining resources. In accordance with the "Just Financial Resource Integration Package" The company co-sponsored the establishment of an international mining company.

    2. the project total investment of 6.7 billion US dollars, is China's largest non-energy mining in Africa investment in mining enterprises.


    Courtesy to ML

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