China has just announced a $3Billion Investment in an Ecuadorian Copper Mine!
If the resource is there, China has time and time again spent the money to secure the resource!
Watch out for many more investments in Australian mines like Granges Southdown project, Territory Resources Francis Creek, FerroWest's Yogi resource, Sundance's Cameroon/Congolese Iron ore resource!!
:)
http://www.chinadaily.com.cn/business/2010-08/13/content_11151983.htm
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- if resourceis there china will invest billions
if resourceis there china will invest billions
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