China's Western Mining Plans 100,000 T/yr Copper Smelter

Mar.18 (Bloomberg) --Copper headed for its biggest weekly gain in six weeks after the Group of Seven agreed to intervene in the foreign-exchange market, easing concerns the economic recovery will be protracted.
-- Copper rose $28 to $9,593 a metric ton at 7:32 a.m. on the London Metal Exchange. Relative Strength Index 51.7. 
-- Aluminum gained 0.7 percent to $2,541 a ton. RSI 50.3. 
-- Zinc climbed 0.5 percent to $2,345 a ton. RSI 45.0. 
-- Lead added 1.1 percent to $2,680 a ton. RSI 61.1. 
-- Nickel advanced 1.4 percent to $26,300 a ton. RSI 44.6. 
-- Tin increased 0.9 percent to $29,650 a ton. RSI 44.3.
Other markets:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Last&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; % Change&nbsp;&nbsp; % YTD 
U.S. Dollar Index&nbsp;&nbsp; 76.139&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +0.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -3.7 
Crude oil&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $102.98&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +1.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +13 
Gold&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1,413.63&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +0.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -0.5 
MSCI World Index&nbsp;&nbsp;&nbsp; 1,280.32&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +0.05&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +0.02
Economic Events: 
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forecast&nbsp;&nbsp;&nbsp;&nbsp; Prior&nbsp;&nbsp;&nbsp;&nbsp; Time 
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Euro-region trade balance&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -2.5B&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -2.3B&nbsp;&nbsp;&nbsp;&nbsp; 10:00
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