Peru set to become world’s second largest copper producer in 2016
Currently China is the second largest producer of the red metal, with an annual output of about 1.6 million tonnes per year.
Currently China is the second largest producer of the red metal, with an annual output of about 1.6 million tonnes per year.
Production ramp-up comes despite price plunge earlier this year.
Honeywell company, City Technology will be unveiling an exciting new addition to its industry-leading gas sensing range, the 4OxLL long-life oxygen sensor, at the QME Mining show in Queensland, Australia from 22nd to 24th July.
Cuts will occur because the sector is switching from the job-heavy construction stage to the operational phase, which requires fewer workers.
Clean-coal technology does work… but it isn’t cheap.
Juniors can't fund their projects, which means that the majors' reserves will continue to shrink.
Domestic supply can't be cut much further and Chinese steelmakers are demanding deeper discounts for lower grade imports.
The sale is consistent with ArcelorMittal’s stated strategy of selective divestment of non-core assets.