US bans imports from 37 China firms over forced labor charge
The Biden administration has added 37 companies from China’s mining, solar and textile sectors to its list of those banned from exporting to the US.
Zijin Mining Group Co Ltd said it plans a $280 million U.S. dollar-denominated bond issue, raising capital to acquire copper concentrate overseas for a smelter project of its unit.
In a filing to the Hong Kong bourse on Tuesday, Zijin Mining said the bonds would have maturity of five years and a fixed interest rate of 4.25 percent per year during its term with interest payable semi-annually.