Tin Investing News » China to embark on $3bn metals spree

China to embark on $3bn metals spree

December 3, 2008 @ 8:31 am In Tin Company News

China said it would spend about $3bn buying 1m tonnes of base metals, including tin, in an effort to cushion its mining and smelting industry from plummeting demand and prices.

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[1] here: http://www.ft.com/cms/s/0/09f62ffc-bfc6-11dd-9222-0000779fd18c.html