Copper price jumps as China turns away
#0183;#32;Copper within sight of June 2018 peak. Reports that China has unofficially banned Australian copper concentrate imports have forced refiners in the country, Recommends.
#0183;#32;Copper within sight of June 2018 peak. Reports that China has unofficially banned Australian copper concentrate imports have forced refiners in the country, Recommends.
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Jerry Jiao, vice president of China Minmetals Corporation, told Reuters he sees clean energy lifting copper demand by by 2030, helping sustain demand growth of 3% per year. What about supply? Overall it is largely expected that as demand rises, copper supply will fall, in part due to a lack of investment during the commodities crash and a lack of new capital spent in this period.
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#0183;#32;China has ordered traders to stop purchasing at least seven categories of Australian commodities, including coal, barley, copper ore and concentrate,
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#0183;#32;China Molybdenum is a mineral mining and exploration company. It mines for molybdenum, tungsten, niobium, cobalt, copper, and more. For the third quarter of 2019, the company''s revenue was