IRN indophil resources nl
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copper demand to remain strong

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    29/03/12
    12:18
    Post #: 9912091
    Xstrata Mining: Global Demand for Copper to Surge to 3.1% in 2012

    Tue, Mar 27, 2012

    Resource Market News
    Resource Researcher

    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.


    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.
    IRN Price at posting: 42.0¢ Sentiment: Hold Disclosure: Held
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