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Copper Concentrate Supply Crunch Prompts Production Cuts by Chinese Smelters

14 Mar 2024 9:49 am
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Mumbai, 14 Mar (Commoditiescontrol): Major Chinese copper smelters have agreed to collectively cut production in response to supply shortages of copper concentrate.

The decision aims to ease margin pressures on smelters and stabilize the global copper industry.

The agreement includes reducing operations, adjusting maintenance, postponing new projects, and expanding copper mine development.

(By Commoditiescontrol Bureau; +91-9820130172)

       
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