Jiangxi Cop­per pre­dicts hike in global out­put

China Daily (Canada) - - BUSINESS -

Jiangxi Cop­per Co Ltd, China’s top in­te­grated cop­per pro­ducer, ex­pects global pro­duc­tion of the me­tal to rise as raw­ma­te­rial con­cen­trate sup­plies in­crease in com­ing years. Its half-year re­port said the rise would push up re­fin­ing charges and could prompt smelters to raise pro­duc­tion. The charges are paid by sellers of con­cen­trate to smelters and then de­ducted from cop­per buy­ing prices.

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