People familiar with the matter revealed that the three Chinese enterprise groups are bidding for a copper mine in Botswana, and the price may be about $ 2 billion (about S $ 2.7 billion).
According to Bloomberg News on Wednesday (September 6), sources said that Zijin Mining, Minmetals resources, and Chinese aluminum have entered the second round of bidding for the Khoemacau project.
People who do not want to be named said that the Minmetals has been negotiating with CITIC Metal on joint bidding.It is reported that the bids of the Impala Platinum Holdings LTD. and Exxaro Resources LTD. in South Africa have also been shortlisted.
People familiar with the matter said that Khoemacau's major shareholder, GNRI, a private equity company headquartered in London may determine the winner in the next few weeks.The discussion is still in progress, and it is not sure if it will contribute to the transaction.
Since the production of in mid -2021, Khoemacau has increased the annual output of copper ore to 60,000 tons.According to the company's website, the output of Kalahari ore can eventually expand to about 130,000 tons per year.
The representatives of CITIC Metal, Implaats, and Khoemacau are not commented.Scholars, EXXARO, GNRI, and Ministry of Fives, have not yet replied to set the request. The representatives of Zijin Mining said that they did not know about the matter.
