Xstrata: Copper Demand Will Rise 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.