TSXV:BKM - Post Discussion
Post by
scatterhead on Mar 12, 2024 10:32am
I found a buyer
China Copper seeks to acquire overseas mines amid tight supply, chairman says - China Copper (Private), one of the country’s leading producers of the metal, wants to acquire overseas mineral resources amid tight mined copper supply and rising demand, the company’s chairman told Reuters on Monday.
- A lack of rich copper resources at home has driven Chinese companies to hunt elsewhere, with an unexpected supply deficit this year adding to the impetus.
- A state-backed industry association in January advised Chinese smelters to curb their output, bring forward maintenance and postpone new projects
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