RE: Presentation in ChineseThe presentation in Chinese is not necessarily just for CIC who owns about 17% of Teck.
Minmetals Resources is a Chinese financed firm that is primarily run by astute Australians.
“Minmetals Resources Limited is a Hong Kong listed,Australian-based management team mining company which owns and operates a portfolio of world-class base metal mining operations in Australia and Lao PDR as well as a suite of development and exploration projects throughout Australia, Asia and Canada.”
You may recall that last April, Minmetals made a $6.3 billion offer for Equinox Minerals but later backed out when Barrick made a higher offer of 7.3 billion.
Thus, Minmetals is looking for copper and they still have that $6.3 billion. Whether CUU interests them remains to be seen. Incidentally, Minmetals acquired 4.2% of Equinox before they made their offer.