Via AG Metal Miner There’s a new kid on the block in copper production. Media reports say the Democratic Republic of Congo (DRC) continues to put up a tough fight against Peru, the world’s second-biggest copper producer. If the latter does not square up, expects feel the DRC may end up taking its #2 title.
Of course, such competition could not only affect copper prices today, but also in the near future. Bloomberg recently reported on a prediction from consulting firm Wood Mackenzie. According to the article, Wood Mackenzie expects…DRC Eyes Peru’s Position As Second-Largest Copper Producer
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