Radar > 236838

LarrainVial fund seeks China-based partners for rare earth mining project

Fondo de LarrainVial busca socio chino para proyecto minero de tierras raras

Intel ID : 236838
Synopsis

Minería Activa, a fund of LarrainVial, a Chile-based financial and stock market services provider, is said to be negotiating the entry of Chinese partners into a rare earth mining project, reported Diario Financiero on 20 May, 2016, citing executive director of Minería Activa, Andrés Susaeta.

Specifically, a delegation of Chinese businesspeople met with Chilean ministry of mining, Aurora Williams, and with Minería Activa, to discuss financing the Chile-based company with a strategic partner from the Asian country.

Susaeta noted the fund is interested in negotiating with both private and state-owned China-based firms, particularly seeking geographical diversification is rare earth projects, given 95% of the production is in China.
(content in spanish)

Minería Activa, fondo de LarrainVial, empresa chilena de servicios financieros y bursátiles, estaría negociando el ingreso de socios chinos a su proyecto minero de tierras raras, según ha informado Diario Financiero el 20 de mayo de 2016, citando al director ejecutivo de Minería Activa, Andrés Susaeta.

En concreto, una delegación de empresarios chinos se ha reunido con la ministra de Minería de Chile, Aurora Williams y con Minería Activa, con el objetivo de buscar el financiamiento de la chilena con un socio estratégico del país asiático.

Susaeta ha comentado que mantienen el interés de negociar con firmas tanto privadas como estatales de ese país, específicamente en las que buscan diversificación geográfica en tierras raras, ya que el 95% de la producción está en China.

Intel ID 236838
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