Aurubis expecting smaller copper surplus
Apr 23, 2013 | 03:29 PM
| Suzy Waite
NEW YORK Aurubis AG expects this years copper surplus to be smaller than it initially forecast due to both planned and unplanned outages at a number of mines.
An April 10 wall slide at Rio Tinto Plcs Bingham Canyon Mine will remove some 100,000 tonnes of refined copper from the market this year (amm.com, April 11), while the March shutdown of Vedanta Resources Plcs Tuticorin smelter in India has taken out around 300,000 tonnes of copper smelter production (amm.com, April 4), Aurubis said in an April 23....
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