Mining consolidation to speed up as Chinese demand growth slows
However, full-scale mergers and acquisitions activity among diversified miners could be hampered for now, investors said at a CESCO event this week.
Chile’s state-owned Codelco, the world’s top copper producer, has agreed to supply metal concentrate to India’s Adani Group for its $1.2-billion smelter, expanding its market reach as the US considers a 25% tariff on copper imports. Shipments will begin this...
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