Jiangxi Copper’s Spending Will Reach 5 Billion Yuan This Year

Jiangxi Copper Co., China’s biggest producer of the metal, will spend as much as 5 billion yuan ($762 million) this year, Financial Manager Jiang Liehui said today at a media briefing in Hong Kong. The company will increase its capacity to 1.5 million tons by 2015, Jiang said.

--Wang Ying in Hong Kong and Xiao Yu in Beijing. Editor: Indranil Ghosh

To contact Bloomberg News staff on this story: Wang Ying in Hong Kong at +852-2977-2237 or Ywang30@bloomberg.net

To contact the editor responsible for this story: Andrew Hobbs in ahobbs4@bloomberg.net

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