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KGHM will sell US$700 million worth of copper cathodes this year

Andrew Topf | February 7, 2011 | 4:47 pm Base Metals Copper 
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One of the world’s largest copper and silver producers has signed a contract worth nearly $US 700 million for the sale of copper cathodes.

Polish company KGHM said Monday it will sell $692,092,994 worth of copper cathodes to MKM Mansfelder Kupfer und Messing GmbH of Germany in 2011.

MKM, which stands for Mansfield Copper and Brass, is a leading European manufacturer of preliminary and semi-finished copper products and copper alloys. KGHM is the world’s seventh-largest producer of copper and the second-largest silver producer.

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