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Xstrata sees China's copper demand to rise in H2
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Xstrata, the world’s fourth largest copper producer said that the copper demand in China will pick up in the second half of this year.
Xstrata planned to increase production of the red metal by 60% and was making US$7 billion capital in copper mining, mainly in Chile, Peru, Argentina and Australia.
Meanwhile, Xstrata sells 30%~40% of its copper to China.
News Date
5/24/2012 11:33:14 AM
reported by
Margaret Yeh
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