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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Zhongchuan seeks sovereign funds for Potash mine

Posted on 15 September 2010

From Caixin Online: Zhongchuan International Mining Holding Ltd. is in partnership talks with China’s sovereign-wealth fund China Investment Corp. Ltd. (CIC) for a major investment in a Canadian potash mine.
Zhongchuan is seeking capital to develop a mine in Saskatchewan called KP488. The Chinese mining concern acquired exploration rights in 2007 through its wholly owned subsidiary M&J Potash Corp……………………………………….Full Article: Source


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