CORPORATE ACTIVITY
China Molybdenum (CMOC) said Chinese regulators have asked it to disclose how it will finance its $1.5-billion acquisition of Anglo American Plc's niobium and phosphates business in Brazil.
The request comes after CMOC, one of China's largest producers of molybdenum, agreed to buy Freeport-McMoRan's stake in the Tenke copper project in Democratic Republic of Congo for $2.65-billion.
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