China Imports $20 million Worth of Copper from
Eritrea<
http://www.tesfanews.net/china-imports-20-million-worth-of-copper-from-eritrea/>
By *CapitalEritrea*<
http://www.capitaleritrea.com/eritrea-exports-20-million-worth-of-copper-to-china/>
Concentrate Export Operation at the ore concentrate Terminal in Massawa
port, Eritrea. Rotainer loading device in foreground and grey Bisha mine
copper concentrate containers in background
*PANAMA *flagged cargo ship “Thor Glory” unloaded 11,450 tonnes of copper
concentrate, valued at *$ 20,437,700*, at the Port of Nantong in the
Jiangsu province of China.
The press reports state that the copper was imported from Eritrea, but do
not mention the exact port of origin. The cargo was probably shipped via
Dubai as it is the vessel’s closest port of call to Eritrea.
According to Chinese media reports on Monday, it is the first time that the
Port of Nantong imported copper concentrate from the East African country.
Eritrea is rich in mineral resourcesand has several international mining
companies exploring metals near its capital Asmara.
Shanghai Metals Market (SMM), a leading Chinese independent metals market
industry news provider, said that the supplier’s name was not revealed in
Monday’s media reports .
However, Vancouver-based mining company Nevsun Resources Ltd. is the only
company currently producing commercial copper concentrate in Eritrea since
December 2013.
http://www.tesfanews.net/china-imports-20-million-worth-of-copper-from-eritrea/
Received on Thu Apr 24 2014 - 01:42:08 EDT