Guys, page 20 of the financial review today by Jamie freed. Good article on xstrata's view on copper:
Some key points:
-Chinas demand for copper should improve second half of year -US showing good signs for copper demand -Xstrata in middle of $US 7 bill expansion program to boost copper production from 890k to 1.5m within 3 years -Xstrata committed to these projects over next 2-3years -Xstrata copper division has other projects with potential to produce another 2mill of copper a year in early studies
Cheers
AVB Price at posting:
6.7¢ Sentiment: Hold Disclosure: Held