Most Popular
-
1
NewJeans terminates contract with Ador, embarks on new journey
-
2
Ador claims exclusive contracts with NewJeans still valid
-
3
Heavy, wet snow to fall more often this winter
-
4
SNU professors join growing movement calling for Yoon's resignation
-
5
Presidential office criticizes opposition-led state auditor, prosecutor impeachment motions
-
6
N. Korea launches 32nd wave of trash balloons, anti-S. Korea leaflets
-
7
‘NewJeans are no longer under Ador,’ says legal expert
-
8
NewJeans leave for Japan shows day after unilaterally terminating contract with Ador
-
9
Will Min Hee-jin reunite with NewJeans?
-
10
[From the Scene] At this Starbucks, you need ID: Franchise opens store with view of North Korea
![[From the Scene] At this Starbucks, you need ID: Franchise opens store with view of North Korea](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/29/20241129050068_0.jpg&u=)
![[From the Scene] At this Starbucks, you need ID: Franchise opens store with view of North Korea](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/29/20241129050068_0.jpg&u=)
LS-Nikko signs 5-year deal to buy copper concentrate from BHP
By YonhapPublished : Nov. 12, 2018 - 13:23
LS-Nikko Copper Inc., a leading copper-processing company in South Korea, said Monday it has signed a five-year deal with BHP Billiton PLC to purchase 1.65 million tons of copper concentrate from the Australian miner.
In the deal, LS-Nikko Copper will receive 330,000 tons a year of copper concentrate from the Chile-based Escondida mine operated by BHP Billiton from 2019 to 2023, the company said in a statement.
The company didn't provide the value of the contract.
Copper concentrate is a key raw material needed to produce electrolytic copper, gold, silver, palladium and pure sulfuric acid. The company expects the 1.65 million tons of copper concentrate from BHP will be used to produce 3 trillion won worth of those products, it said.
LS Holdings owns a 50.1 percent stake in LS-Nikko Copper, with the remaining 49.9 percent held by Japan Korea Joint Smelting Co. (Yonhap)
