China`s July refined copper output jumps 19% on year to 634,000 mt
Source: www.chinamining.org Citation: Platts Date: August 19, 2014
China`s refined copper output was 634,000 mt in July, up 18.9% from around 533,000 mt recorded in July 2013, an official from state-owned nonferrous metals information division Beijing Antaike said Monday, citing data from the National Bureau of Statistics.
The July output was up 1.7% from June`s production of 623,428 mt. The Antaike official said that the higher output was in line with an increase in capacity this year.
China`s copper capacity is expected to rise to around 10 million mt in 2014, up about 11.1% from 2013.
Meanwhile, based on Antaike`s earlier statement, Platts calculated that the production totaled 4.11 million mt for January-July, up 8.4% year on year.
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