Financial News
Near-Record Prices at LME Prompt Chinese Companies to Export 100,000 Tons of Copper
Copper is a heavily traded metal that has different applications in a number of industries. The metal’s producers in China plan to export nearly 100,000 metric tons, their highest volume in more than a decade. Their objective is to cool a rally that has pushed prices toward new highs.
Producers in the East Asian country are selling into the rally, driven by a frenzy that saw prices of the red metal on the London Metal Exchange reach…
NOTE TO INVESTORS: The latest news and updates relating to Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) are available in the company’s newsroom at https://ibn.fm/AZMCF
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