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Hunan Nonferrous to run Pakistan mine in November

Sun Sep 7, 2008 11:35am IST
 
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SHANGHAI, Sept 7 (Reuters) - China's top zinc producer, Hunan Nonferrous Metals Corp Ltd (2626.HK: Quote, Profile, Research), will start production at its partly owned lead and zinc mining project in Pakistan in November, a company executive said on Sunday.

"The project will start production in mid-November," said Wang Jianjun, the import and export department head of Zhuzhou Smelter Group (600961.SS: Quote, Profile, Research), a Shanghai-listed unit of Hunan Nonferrous Metals.

"All of the lead and zinc concentrates from the Pakistan project will supply to the company," Wang told Reuters on the sidelines of an industry conference.

The Pakistan mine is designed to produce 100,000 tonnes of zinc in concentrate and 32,000 tonnes of lead in concentrate a year, Hunan Nonferrous Metals has said.

Chinese smelters and steel mills are stepping up overseas projects in a hunger for resources following rapid production capacity expansion driven by the country's rapid economic growth. (Reporting by Alfred Cang; Editing by Clarence Fernandez)

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