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Westpac: Base metals prices set to improve

BASE metal prices are expected to rise as much as 11% in 2002 as mining companies curb output and demand in key Asian markets improves, Westpac Institutional Bank said in its first half 2002 commodities report.

MiningNews.Net

A recovery in the United States economy forecast for mid-2002 will help boost metals demand in Japan, South Korea and China, Westpac economist Keith Huggan said in the report. "Regional metal consumption...

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