| From Bloomberg: World Mining Investment, a $400 million fund set up by corporate adviser Didier Rault, will seek $600 million from a state-owned Chinese company this year to invest in producers of coal, gold and other commodities.
China, the world’s biggest buyer of metals, in February announced about $22 billion of investments in mining companies as the worst commodity rout in at least five decades slashed values. Premier Wen Jiabao wants to boost inventories of strategic materials, while China’s sovereign fund said it may invest in commodity assets.....Full Article: Source
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