News Analysis: Averaging an estimated 90,000 Tons of Copper Concentrate a year, a mine located at south Peru’s Apurimac region, the Las Bambas Project, will help support China’s Cuprous (Cu) needs.
This $5.5 Billion Dollar Acquisition needs pertinent approvals by all relevant parties.
A ‘Cu’ Mine sale of this size will benefit the acquirer for many years. One might expect the value of this property to increase mightily in future years.
Reality.
Reference: http://news.xinhuanet.com/english/china/2014-04/14/c_133261332.htm