Lloyds Metals eyes reopening of giant PNG copper mine

Geopolitics · Mining.com ·

Lloyds Metals eyes reopening of giant PNG copper mine

India's Lloyds Metals has emerged as the local authorities' preferred partner to revive the long-dormant Panguna copper project in Papua New Guinea, beating out competition from China's CMOC. The mine, which has been closed for decades, holds substantial copper reserves seen as critical for global supply chains.

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