Company is not building or investing in a previously planned project to make refined copper from scrap in eastern Malaysia, chairman Zheng Gaoqing said.
Company is at the centre of deal talks in the gold sector but it may see its desire to create a South African gold champion thwarted as peers cut exposure to the country.
The U.S. Treasury Department imposed sanctions on a Myanmar state-owned gems enterprise in a bid to curtail the military junta's ability to generate revenues.
Local unit is in talks with authorities to permanently address violent protests around its operations, before resuming work on the Zulti South project.
As the world moves away from fossil fuels, battery metals are in high demand, especially with a shortage of supply from low-geopolitical risk jurisdictions.