Chinalco Yunnan Copper Resources Ltd. (CYU.AU) said in a statement to the Australian securities exchange Tuesday that it has signed an agreement with Xstrata PLC (XTA.LN) to begin exploration activities on the Mount Frosty copper project in the far northwest of Queensland, Australia.

-By Robb M. Stewart, Dow Jones Newswires; +61 3 9292 2094; robb.stewart@dowjones.com

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