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Xstrata: Copper Demand Will Rise in the Second Half of 2012
May. 22, 2012 04:53PM PST
Base Metals Investing
CNBC reported that according to Xstrata (LSE:XTA), the sluggish copper demand in China will boost copper demand in the second half of 2012.
CNBC reported that according to Xstrata (LSE:XTA), the sluggish copper demand in China will boost copper demand in the second half of 2012.
As quoted in the market news:
Charlie Sartain, Xstrata’s copper division head, said a $7 billion capital expenditure programme to beef up copper mining, mainly in Chile, Peru, Argentina and Australia, was proceeding.
Click here to read the full CNBC report.
