TAIPEI, June 11 (Reuters) - China Minmetals is looking for
acquisition targets in Mauritania, and possibly more deals in
Australia after its successful bid for OZ Minerals
China has been scouring the globe to invest in or acquire companies that produce ore and concentrates as the country guzzles up raw materials at a heady pace to fuel its growing economy.
"We are interested in acquiring companies in Mauritania that produce iron ore. We're talking to potential companies right now, but I can't give you too many details," Feng Guiquan, a senior vice president at Minmetals, told Reuters in Taipei.
Feng's comments came after shareholders in Australian miner OZ Minerals approved Minmetals' sweetened $1.4 billion deal to purchase most of the indebted miner's assets. (Reporting by Lee Chyen Yee and Lin Miao-jung; Editing by Ken Wills)