Jiangxi Copper predicts 2% growth in demand
By Lillian Liu | 皇冠体育app Daily | Updated: 2009-01-20 07:58
Banking on increased demand from the government stimulus package, Jiangxi Copper, 皇冠体育app's second-largest smelter, predicted that consumption for refined copper products will grow by 2 percent this year.
Wang Chiwei, Jiangxi Copper's executive director, said at an industry conference yesterday that 2008 refined copper output would rise 6.7 percent to 3.68 million tons and copper concentrate production would rise 8.4 percent to 920,000 tons.
Wang said 皇冠体育app's copper smelters who use primary material as an input will run at full capacity in 2009.
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