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Freeport's Tenke sale could boost Lundin value

Transaction value more than analyst's estimates for Lundin stake

Mining Journal
The Tenke Fungurume mine has been in operation since 2009

The Tenke Fungurume mine has been in operation since 2009

Analysts at Morgan Stanley say the US$2.65 billion that China Molybdenum is paying for Freeport's 56% stake in the Democratic Republic of the Congo asset translates to a US$1.14 billion value for Lundin's...

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