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Argentine copper export revenue drops

Keywords: Tags  Argentina exports, copper, aluminum, gold, silver concentrates

SÃO PAULO — Argentina’s revenue from copper exports fell in the first two months of this year compared with the same period in 2012, according to the country’s national statistics agency.

Copper export revenue slid 30.8 percent to $130 million from $188 million and revenue from exports of silver concentrates fell 16.6 percent to $50 million, but aluminum exports jumped 85 percent to $89 million in the same comparison thanks to increased sales to the United States, while revenue from gold exports soared to $100 million from $25 million.

Argentina’s total exports amounted to $11.4 billion in the first two months of 2013, down from $12 billion in the same period last year.

A version of this article was first published by AMM sister publication Metal Bulletin.

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