Major Chinese metal producers bought North Korean zinc, lead, gold concs

Several major Chinese metal producers bought zinc and gold concentrates produced in North Korea in 2019, despite economic sanctions, a court ruling has revealed.

Thirteen men were convicted of smuggling metal raw materials across the closed China-North Korea border, according to a ruling by the Jiangsu Yangcheng Intermediate Court on Wednesday March 31, resulting from the lawsuit (2021) Jiangsu 09 Criminal case Final No51. The men were handed jail sentences ranging from one to six years.

Jiangxi Copper subsidiary Shandong Humon was listed as the buyer of two gold concentrates cargoes of 850 tonnes and 1,000 tonnes in April 2019. ...

Published

Julian Luk

April 19, 2021

11:57 GMT

London