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Home >> Business
UPDATED: 17:31, September 01, 2005
Anglo American invests over $300 million in China
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Anglo American CEO Tony Trahar, who is visiting China for the second time, told a press conference in Beijing August 31 that China's investment environment for the mining industry has been continuously improved. China is one of the countries of the richest natural resources, and is thought a major engine driving the growth of production, manufacture and consumption of various minerals. The prospect of cooperation between Anglo American and China is inspiring, Trahar said. He visited Sichuan and Shaanxi earlier, and talked with the Chinese side over joint exploitation of platinum and coal.

One of world top 500, Anglo American is the world largest solid mineral producer. By far, its total investment in China has exceeded 300 million US dollars.

By People's Daily Online


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