China Development Bank released the first funds from an 800 billion yuan programme, but the initial 460 million yuan covers only three projects and is not the full envelope.
The U.S.-Saudi consortium is selecting among three GCC locations for a 200,000-barrel-a-day refinery with a deepwater port, storage and export facilities positioned outside the strait.
Net profit reached $2.20 billion and revenue $5.71 billion as a 30.5% copper-price gain outweighed a 3.7% production decline, while the group financed Tía María and explored rail assets.
