CAPITAL MARKETS

Phelps forecasts modest copper recovery

PHELPS Dodge, the world's second biggest copper producer, is modestly optimistic of a recovery in demand for industrial metals next year, leading to a small rise in the price of copper.

Tim Treadgold
Phelps forecasts modest copper recovery

The president of Phelps, Steven Whisler, said after the annual Metals Week function in London that recovery was possible if the world's copper mining companies did not jump at the first sign of a price...

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