http://www.metal.com/newscontent/59753_newssummary-chinas-nantong-port-imports-copper-conc.-from-eritrea-for-first-time
Newssummary: China's Nantong Port Imports Copper Conc. from Eritrea for
First Time
Apr 22, 2014 04:51 GMT *Source:*SMM
Tags: Chinese news summary, China ore concentrate import ports, Port of
Nantong in Jiangsu
SHANGHAI, Apr. 22 (SMM) - The Port of Nantong in Jiangsu province imported
11,450 tonnes of copper concentrates, valued at $20 million, from Eritrea
for the first time, local media reported.
Eritrea, in northeast Africa, is rich in mineral resources, the report
said, without naming the supplier's name.
http://ewweb.com/news-watch/copper-talk-reuters-report-says-chinese-copper-demand-will-remain-strong-10-years
Copper Talk: Reuters report says Chinese copper demand will remain strong
for 10 years
Mar 19, 2014
An executive from Freeport-McMoRan Copper and Gold Inc executive said China
will continue to be a major consumer of copper throughout the next decade.
According to a* Reuters* report, Javier Targhetta, Freeport's senior vice
president for marketing and sales said:
*"We are seeing still robust consumption in China. Of course there can be
hiccups here and there. I think Chinese consumption of copper will keep
growing for more than a decade."*
It's estimated China accounts for 40% of global copper consumption. The red
metal has been attracting more attention than usual because copper prices
are down more than 10% this year and are still below $3 per/pound.
More from *Reuters* on the copper
situation<
http://www.reuters.com/article/2014/03/19/metals-freeport-mc-china-idUSL3N0ME24S20140319?type=companyNews&feedType=RSS&feedName=companyNews>
Received on Sat Apr 26 2014 - 13:53:38 EDT