Codelco Says It’s Optimistic on 2011 Copper Price, Mercurio Says-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Rare earths
  • Rare earth
  • Market commentary
  • Aluminium
  • Zinc
  • Copper
  • Macroeconomics
  • Sales data
  • MMi Iron Ore Port Index
  • Iron ore
  • precious metals
  • Nickel
  • Futures movement
  • Tin

Codelco Says It’s Optimistic on 2011 Copper Price, Mercurio Says

Industry News 09:22:20AM Mar 25, 2011 Source:SMM

Mar.24 (Bloomberg) --Codelco, the world’s largest copper producer, is optimistic about the metal’s price this year as Japan’s earthquake reconstruction boosts demand prospects, El Mercurio reported, citing Chairman Gerardo Jofre.

Codelco, which is owned by the Chilean state, will contribute about $6 billion to government coffers from last year’s earnings after prices surged, the Santiago-based newspaper quoted Jofre as saying. 
   


 

Codelco Says It’s Optimistic on 2011 Copper Price, Mercurio Says

Industry News 09:22:20AM Mar 25, 2011 Source:SMM

Mar.24 (Bloomberg) --Codelco, the world’s largest copper producer, is optimistic about the metal’s price this year as Japan’s earthquake reconstruction boosts demand prospects, El Mercurio reported, citing Chairman Gerardo Jofre.

Codelco, which is owned by the Chilean state, will contribute about $6 billion to government coffers from last year’s earnings after prices surged, the Santiago-based newspaper quoted Jofre as saying.