Sun, Jan 21, 2018
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

China craves for energy, reaching outside

Posted on 28 October 2009

From Digitaljournal.com: China Investment Corp (CIC), the sovereign-wealth fund, said yesterday that it is to invest $500 million USD in SouthGobi Energy Resources, a Vancouver-based miner whose businesses are mainly located in Mongolia, reported Market Watch.
SouthGobi said the fund will be used for developing its projects in Mongolia. For example, it plans to expand the annual output of the flagship Ovoot Tolgoi coal mine to 8 million tons from the current 1.4 million tons………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
banner
January 2018
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031