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    copper investing

    Xstrata Mining: Global Demand for Copper to Surge to 3.1% in 2012

    Investing News Network
    Mar. 27, 2012 02:23PM PST
    Base Metals Investing

    Fox Business reported that according to Xstrata Mining, the global demand for copper is likely to surge to 3.1% in 2012, driven by a 6.8% increase in China’s demand.

    Fox Business reported that according to Xstrata Mining, the global demand for copper is likely to surge to 3.1% in 2012, driven by a 6.8% increase in China’s demand.

    As quoted in the market news:

    Speaking at Asia Mining Congress 2012, Xstrata Copper’s Chief Operating Officer for North Queensland, Steve De Kruijff said the company sees copper demand holding up well in 2012 as a result of continuing Chinese industrialization.

    Click here to read the full Fox Business report.

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