CAPITAL MARKETS

Copper expansions down, unofficial stockpile up

NEW copper projects seem likely to be frozen out of the market for several years because of mothballed capacity in South America, according to the London-based Bloomsbury Mineral Economics.

Tim Treadgold
Copper expansions down, unofficial stockpile up

In a report issued over the weekend, Bloomsbury said withholding of supply had been the big development in the copper market in 2002. The next big development could be the deferral of some projects and...

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