China copper smelters bracing for shortage of vital scrap metal
Around 30% of China’s refined copper production used scrap metal as a feedstock in 2023.
Bloomberg reported that Mitsubishi Corporation of Japan plans to almost double its copper output in 2012 after spending USD 5.39 billion to buy a minority stake in Anglo American Plc?s Chilean unit. Mitsubishi said that the Tokyo based trading house?s…