China Moly acquiring LDC's metals business

NCCL Natural Resources Investment Fund, newly-incorporated entity by a subsidiary of China Molybdenum Co. and two other asset management companies, will acquire the full ownership of Louis Dreyfus Company's metals platform, according to a recent statement from China Moly.

NCCL Natural Resources Investment Fund, newly-incorporated entity by a subsidiary of China Molybdenum Co. and two other asset management companies, will acquire the full ownership of Louis Dreyfus Company’s metals platform, according to a recent statement from China Moly. The purchase of LDC’s metals business has been the Fund’s