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The Guardian - UK
The Guardian - UK
Business
Nick Fletcher

Kazakhmys climbs after $2.7bn Chinese loan

Still with miners, copper producer Kazakhmys has climbed 28p to £13.16 following news of a bigger than expected loan from China.

The country's state-run Development Bank is lending the Kazak company $2.7bn, more than the original $2bn, and the cash will be used to develop the Bozshakol project. The move comes as part of China's continuing investment in the region to secure its supply of energy resources.

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