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Message: China Has $9.3 Billion Pending Metal Deals

Sorry, couldn't get the story to post w/o the ads -Zen

(Bloomberg)
Updated: 2010-06-13 10:01

The value of pending metal and mining deals involving Chinese companies reached $9.3 billion at the end of the first quarter, Hong Kong's South China Morning Post reported today, citing Michael Elliot, global mining and metals leader at Ernst & Young LLP in Sydney.

The figure accounts for about 20 percent of the global total, the report quoted Elliot as saying.

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