Copper Mine Output Fell for First Time Since 2002, Barclays Says-Shanghai Metals Market

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Copper Mine Output Fell for First Time Since 2002, Barclays Says

Industry News 09:28:40AM Feb 10, 2012 Source:SMM

Feb 9, 2012 (Bloomberg) -Copper mine production probably fell for the first time since 2002 last year, Barclays Capital said in a report today.

Output likely contracted by 200,000 metric tons to 15.9 million tons, the biggest-ever drop in tonnage terms, the bank said. Production may advance to 16.3 million tons this year.
 

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Copper Mine Output Fell for First Time Since 2002, Barclays Says

Industry News 09:28:40AM Feb 10, 2012 Source:SMM

Feb 9, 2012 (Bloomberg) -Copper mine production probably fell for the first time since 2002 last year, Barclays Capital said in a report today.

Output likely contracted by 200,000 metric tons to 15.9 million tons, the biggest-ever drop in tonnage terms, the bank said. Production may advance to 16.3 million tons this year.