Chinese attempt to forge financial links with KGHM

The copper giant confirmed that the representatives of China Non Ferrous Metal Industry's Foreign Engineering and Construction (Group) visited them, declaring their will to partly finance the Kimpe project, but KGHM declared they have the means to do it on their own. The Chinese also offered KGHM co-operation on a Chinese project in Zambia, to which KGHM consented and an initial agreement was signed. In 2002, the Polish company signed an agreement with China Minmetals Nonferous Metals to supply copper worth $400 million, which makes it one of the most important markets for the copper miner. (Puls Biznesu, p. 9) D.W.