Sept 1 (Reuters) - PetroChina <PTR.N> <0857.HK> is set to pay C$1.9 billion ($1.7 billion) for a 60 percent stake in two planned Canadian oil sands projects, China's biggest investment yet in one of the world's largest untapped oil regions.
The following TIMELINE shows some Chinese investments in overseas commodities and energy sectors this year:
Feb 5, 2009 - Shenzhen Zhongjin Lingnan Nonfemet <000060.SZ>, China's third-largest zinc producer, wins Australian government approval to acquire a controlling stake in zinc miner Perilya <PEM.AX>.
Feb 24 - Chinese steel mill Hunan Valin Iron and Steel says it will pay $770 million for a 16.5 percent stake in Fortescue Metals Group <FMG.AX>.
April 1 - Australian zinc miner OZ Minerals <OZL.AX> agrees to sell most of its assets to Minmetals for $1.21 billion.
April 24 - China National Petroleum Corp, China's biggest oil company, says it agrees with Kazakh state's KazMunaiGas to jointly buy a Kazakh oil producer for $3.3 billion. [ID:nPEK332461]
May 1 - CNMC agrees to take a majority stake in Australian rare earths miner Lynas Corp <LYC.AX> for $185.7 million. [ID:nSYD454967]
May 24 - Asia's largest oil and gas producer PetroChina <0857.HK> agrees to buy Keppel Corp's <KPLM.SI> 45.5 percent stake in Singapore Petroleum Co for $1 billion. [ID:nSHA475591]
June 6 - China's state-owned Nonferrous Metal Mining Corp (CNMC) pledges to invest $400 million in Zambia's Luanshya Copper Mines (LCM) after formally taking over running the mines. [ID:nL6314236]
June 9 - Canadian mining and exploration company Consolidated Thompson <CLM.TO> finalises a deal for China's Wuhan Iron and Steel Corp to invest $240 million. [ID:nN30324499]
June 23 - Chinese power company GCL-Poly Energy Holdings <3800.HK> says it will pay $3.38 billion for a Jiangsu province solar parts maker to tap the growing solar energy industry. [ID:nHKG124144]
June 24 - Sinopec, China's largest oil refiner, agrees to buy Swiss oil explorer Addax Petroleum Corp <AXC.TO> for $7.24 billion, gaining access to high-potential oil blocks in West Africa and Iraq. [ID:nBNG477261]
July 3 - Canada's Teck Resources <TCKb.TO> <TCK.N> will sell a 17.2 percent equity stake to state-owned China Investment Corp through a private placement that will raise $1.5 billion and help the miner pay down debt. [ID:nN03153079]
Aug 13 - Yanzhou Coal Mining Co <1171.HK> agrees to buy Australian coal miner Felix Resources Ltd <FLX.AX> for $2.9 billion. [ID:nSYD362329]
Aug 31 - PetroChina <PTR.N> <0857.HK> is set to pay C$1.9 billion ($1.7 billion) for a 60 percent stake in two planned Canadian oil sands projects -- MacKay River and Dover -- owned by Canada's Athabasca Oil Sands Corp (AOSC). [ID:nN31233511]
Source: Reuters
See also:
FACTBOX-China's top-10 overseas resource deals [ID:nSP486599]
FACTBOX-China invests in Australia resources [ID:nSP390487]
TIMELINE-China oil majors look overseas [ID:nSP335638]
(Reporting by Euan Rocha and Jijo Jacob; Editing by Gillian Murdoch and Ben Tan)
