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.
WILLIAMS LAKE, BC, July 25, 2018 /CNW/ – Some 200 members of the United Steelworkers (USW) at Mount Polley mine near Williams Lake, B.C., are set to vote on a tentative agreement next week, following an eight-week strike in response to a company lockout and attempts to extract concessions.
“Our members have stood strong and stood together in their desire to see a fair agreement,” says USW Staff Representative Sean Ball. “We’re confident that we have found an agreement that resolves a number of our members’ concerns and protects what they have fought for.”