12:03AM
Another big Chinese investment in African minerals
Sunday, June 6, 2010 at 12:03AM
Pic here, along with stunning accurate 2008 prediction of this investment
FT story on China investing $877m into South African mining industry--the second largest Chinese investment in Africa outside of oil and the first time China takes a direct stake in Africa's platinum reserves.
South Africa holds an 80% share in global platinum production, so it wasn't a tough prediction to make.
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