This came out from Xstrata today, quite interesting on their outlook on copper production
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Global diversified miner Xstrata expects to increase copper production by about 60 per cent over the next three years, the head of the company's copper division says.
Charlie Sartain said the company had earmarked roughly $7 billion to beef up its copper division, mainly in Chile, Peru and Argentina, and also in Australia.
Xstrata is the world's fourth-largest copper miner, producing 889,000 tonnes of copper in concentrate and 651,000 tonnes of copper cathode last year.
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Would be interested if anyone knows what their current production is to see if they would need to aquire another company (such as AOH) to meet these targets....
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- interesting article from xstrata
This came out from Xstrata today, quite interesting on their...
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