QMN queensland mining corporation limited
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Taken from the WestBusiness article today.China's copper...

  1. Pheonix1
    1,570 Posts.
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    08/02/11
    18:38
    Post #: 7860950
    Taken from the WestBusiness article today.

    China's copper consumption jumped 38 per cent last year and the country is accounting for one-third of total global demand.Asian demand is expected to exceed 11 million tonnes this year.

    International Copper Study Group still expects a global supply deficit this year of 400,000 tonnes.Exchange price of copper could reach $US11,000 a tonne this year and even that value could spike above these levels.



    QMN Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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