Minmetals, Chalco have 'easy' access to loans to invest in OZ

Big state-linked Chinese companies such as Minmetals and Aluminium Corp of China (Chinalco) will have "easy" access to financing if they decide to go ahead, as speculated in the press, to invest in Australia's OZ Minerals, said Chinese market sources.

OZ's share price has seen a battering recently as it moves to meet refinancing deadlines amid the threat of a class action lawsuit by former and current shareholders alleging misleading and deceptive conduct.

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.