Copper market’s biggest whale fuels speculation of a major shift
The world’s single biggest buyer of copper, State Grid Corp. of China, has slowed its purchases of copper wire this year.
Fluor has won a series of contracts from the joint venture comprising Saudi Arabian Mining Co., also known as Ma’aden, and Alcoa, to provide program management consultancy (PMC) and EPCM services for a number of projects related to the development of the integrated Ras Az’Zawr aluminium complex. Read more at http://www.im-mining.com/2010/05/25/fluor-wins-contract-for-huge-saudi-arabian-joint-venture-aluminium-project/