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.
International Mining’s October issue, currently in final production, includes a focus on the mining industry of Kazakhstan, where one of the major mining companies is Kazakhmys, the world’s No.10 copper producer. Paus reports that since 2007 it has delivered a total of 34 personnel transporters to Kazakhmys. In these underground copper mines, the Minca 18 carries miners quickly, safely and comfortably through the mine to their workplaces. (more…)