Copper deal signed

The Australian miner CuDeco said on Tuesday that it has signed a deal with China's Sinosteel to supply the latter's A$200 million ($203.7 million) Rocklands copper project in Queensland.
Sinosteel will also source equipment and arrange shipping to the port of Townsville.
The project is scheduled to begin operations in late 2012, subject to approval by the Queensland regulators.
Source:China Daily