KAZ Minerals has signed an agreement with Non Ferrous of China on investments into Koksay project.
According to the agreement, in exchange for the investments of $70 million NFC will receive 19.4% in the project.
“We have successfully worked with NFC at the Bozshakol and Aktogay construction and intend to develop our relations”, the company chairman Oleg Novachuk declared.
Koksay is the copper quarry project with 763 million tons of ore with the copper contents of 0.42%. (Ukrainian metal)