Very interesting article burj. But also we need to factor in the significant landslide in Bingham Canyon in USA which produces about 120,000 ton/year of copper, but is now out of action until at least 2015. China's demand for copper and the world in general is growing. 400,000 tonnes each year of new supply of copper are needed on top of existing supply to account for growth. Glencore has exerted too much influence, and only China can challenge them, but whatever happens Glencore will continue its rise for the moment.
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