
Jiangxi Copper starts new 400000 tonnes product plant
Reuters reported that China's top refined copper producer Jiangxi Copper Company had started trial production this month at 400,000 tonne per year manufacturing plant that uses refined copper boosting demand prospects in the world's largest copper consuming country.
China's implied consumption of refined copper fell 0.8% in the second quarter of the year from January to March as the economy grew at its slowest pace in 3 years. In the Q2 of 2011, implied consumption rose 5.7%.
Source - Reuters
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