copper futures, page-13

"Tom Albanese said the company would benefit from a tight market for iron ore, which accounts for about 70 per cent of its earnings, in the short to medium term.

The company is also a major copper producer, with earnings increasing by 35 per cent in 2010 and electrification and growth in China and India growing.

"To put this in context, -over the next 30 years it is projected that the world will consume as much copper as it has over the last 10,000 years," he said "-


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