Stock image. China’s North Copper may reduce copper output in future due to tight supplies of copper concentrates and lower processing fees, it told the state-backed China Securities Journal on Thursday. The news comes as major Chinese smelters scramble to secure raw material supplies after their profit margins were hit by shortages of copper ore due to mine disruptions and a vast expansion in global smelting capacity.

Source: The North Africa Journal March 14, 2024 20:11 UTC