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Hailiang and Rawas to Launch $566M Copper JV in China-Saudi Partnership
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Hailiang and Rawas to Launch $566M Copper JV in China-Saudi Partnership
Hailiang, the world’s leading supplier of copper tubes and rods, is partnering with strategic investment firm Rawas National Investment Holding to establish a copper materials processing joint venture in Saudi Arabia, with an investment of $566 million. This move marks an expansion of the Chinese company’s international presence. The company plans to sign an agreement with Rawas to create the joint venture, which will oversee the investment, con…
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